Additional listing and director holding
June 04 2010 - 1:00AM
UK Regulatory
TIDMMDS
RNS Number : 0606N
Midas Capital PLC
04 June 2010
Midas Capital plc
("the Company")
Additional Listing and Director Holding
Application has been made for the admission to trading on AIM ("Admission") of
64,000 ordinary shares of 0.1p each ("Shares") in the Company. The Shares will
be held by the trustees of the Long Term Incentive Plan Scheme ("LTIP") for the
purpose of future distributions under the LTIP and will rank pari passu with the
Company's existing issued ordinary shares.
A Director, Tony Moore, has exercised his right to subscribe for 32,000 ordinary
shares under the terms of the LTIP at a total cost of GBP1. Following the
completion of his LTIP exercise and Admission, the beneficial shareholding of
the Director will be as follows:
+---------------+----------+----------+----------+------------+
| Director | Previous | Shares | Total | Percentage |
| | Holding | Acquired | now Held | of Issued |
| | | | | Share |
| | | | | Capital |
+---------------+----------+----------+----------+------------+
| Tony Moore | 15,379 | 32,000 | 47,379 | 0.07 |
+---------------+----------+----------+----------+------------+
In addition, as previously disclosed, Tony Moore also holds options to subscribe
for 470,000 ordinary shares.
Upon Admission, which is expected on 9 June 2010, the Company's enlarged issued
share capital will comprise 69,717,514 ordinary shares with voting rights. The
figure of 69,717,514 ordinary shares may be used by shareholders in the Company
as the denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change in their interest in, the
share capital of the Company under the FSA's Disclosure and Transparency Rules.
For further information, please contact:
Colin Rutherford, Executive Chairman, Midas 07768 053 054
Roland Cross, Broadgate Mainland 020 7726
6111
James Steel/Antonio Bossi, Arbuthnot Securities Limited 020 7012 2000
(Nominated Advisor and Broker to Midas)
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBIGDLIDGBGGX
Midas Capital (LSE:MDS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Midas Capital (LSE:MDS)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Midas Cap. (London Stock Exchange): 0 recent articles
More Midas News Articles