issue of shares

19 Nov 2009 07:00

PureCircle Limited ('PureCircle' or 'the Company')Issue of new shares in respect of the Long Term Incentive Plan (LTIP)

PureCircle (LSE: PURE), the world's leading producer of Natural High Intensity Sweeteners, including Reb-A, announces that on 18 November 2009 a total of 568,250 Options were exercised that had been granted under the terms of the Company's Long Term Incentive Plan.

388,250 of the Options exercised had an exercise price of USD nil per share; and 

180,000 Options had an exercise price of USD1.00 per share.

Within the above totals, 180,000 options were exercised at US$1.00 per share by an Executive Director, William Mitchell, the Chief Financial Officer.

The 568,250 Options exercised will be satisfied by way of issuance of new ordinary shares of the Company.