Issue of Equity
September 24 2010 - 4:29AM
UK Regulatory
TIDMMRG
RNS Number : 2586T
Mercury Recycling Group PLC
24 September 2010
Mercury Recycling Group Plc ("The Company")
Exercise of Options
The Company announces that it was notified today that Anthony Leon, a Director
of the Company, today exercised options to acquire 100,000 ordinary shares of 10
pence each in the Company ("Ordinary Shares") at a price of 10 pence per share.
Following the exercise, Mr Leon's holding of Ordinary Shares in the Company
increased to 240,000, representing approximately 0.70% of the enlarged issued
share capital.
Application will be made for the 100,000 Ordinary Shares to be admitted to AIM,
with trading expected to commence on 30 September 2010 ("Admission"). Upon
Admission, the new Ordinary Shares will rank pari passu in all respects with the
existing Ordinary Shares of the Company.
After Admission, the Company will have 34,126,154 Ordinary Shares in issue.
Enquiries:
+-----------------------------------------+------------------------+
| Mercury Recycling Group plc | |
+-----------------------------------------+------------------------+
| Lord Barnett, Chairman | 0161 877 0977 |
+-----------------------------------------+------------------------+
| | |
+-----------------------------------------+------------------------+
| Smith & Williamson Corporate Finance | |
| Limited | |
+-----------------------------------------+------------------------+
| Martyn Fraser, Barrie Newton | 0117 376 2213 |
+-----------------------------------------+------------------------+
| | |
+-----------------------------------------+------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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