OUT Outsourcery

TIDMOUT

RNS Number : 2102B

Outsourcery PLC

05 October 2015

Outsourcery plc

("Outsourcery" or the "Company")

Director Shareholding and Additional Listing

Outsourcery (AIM: OUT) announces that a total of 2,736,304 ordinary shares of 1 pence each ("Ordinary Shares") have been issued and allotted following an exercise of options by Piers Linney and Simon Newton, Co-CEOs of the Company. These options were granted in August 2014 as part of the salary sacrifice arrangement.

Application has been made to the London Stock Exchange for the Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM, and admission is expected to become effective on 9 October 2015.

Following the above transactions Piers Linney's beneficial interest is 7,283,299 Ordinary Shares in Outsourcery, representing approximately 13.11% of the enlarged issued share capital and he has outstanding options over 631,848 Ordinary Shares, representing approximately 1.14% of the enlarged issued share capital.

Following the above transactions Simon Newton's beneficial interest is 7,283,299 Ordinary Shares in Outsourcery, representing approximately 13.11% of the enlarged issued share capital and he has outstanding options over 631,848 Ordinary Shares, representing approximately 1.14% of the enlarged issued share capital.

The Company's total issued share capital upon admission of the Ordinary Shares will be 55,555,818 Ordinary Shares. This figure of 55,555,818 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 FCA's Disclosure and Transparency Rules.

For more information please contact:

 
 Outsourcery plc 
  Piers Linney, Co-CEO 
  Simon Newton, Co-CEO          +44 (0)330 313 0077 
 Investec 
  Andrew Pinder / Patrick 
  Robb / Dominic Emery          +44 (0)20 7597 5100 
 FTI Consulting 
  Matt Dixon / Dwight Burden 
  / Rob Mindell                 +44 (0)20 3727 1000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEANESEAXSFEF

(END) Dow Jones Newswires

October 05, 2015 05:31 ET (09:31 GMT)

Outsourcery (LSE:OUT)
Historical Stock Chart
From Dec 2024 to Jan 2025

Outsourcery (LSE:OUT)
Historical Stock Chart
From Jan 2024 to Jan 2025