2 Jun 2016 11:49
2 June 2016
32Red Plc("the Company")
Issue of Equity
The Company announces today that it has issued 1,417,472 new ordinary shares of 0.2p each to satisfy awards made on 31 May 2013 under the Company's approved Long Term Incentive Plan (LTIP). The following directors were included under the award:-
Director | Shares awardedunder LTIP
| Beneficial interestafter award | % holding |
Edward Ware | 678,587 | 19,463,419 | 22.9% |
Jonathan Hale | 304,767 | 1,634,225 | 1.9% |
Patrick Harrison | 293,479 | 843,479 | 1.0% |
Application will be made for 1,417,472 ordinary shares of 0.2p each to be admitted to trading on AIM. The New Shares will rank pari passu in all respects with the existing shares in issue and dealings in the New Shares are expected to commence on 8 June 2016. Following the admission of these shares to trading on AIM, a total of 85,097,528 ordinary shares are in issue.
2 June 2016
Enquiries:
32Red Plc | Tel: +00 350 200 49396 |
Ed Ware, CEO |
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Jon Hale, CFO |
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Numis Securities Limited | Tel: +44 (0) 20 7260 1000 |
Michael Meade (Nominated Adviser) |
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Chris Wilkinson (Corporate Broking) |
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Michael Burke (Corporate Broking) |
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Hudson Sandler | Tel: +44 (0) 207 796 4133 |
Alex Brennan | 32Red@hudsonsandler.com |
Bertie Berger |
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TTR.L (TTR)