Director/PDMR Shareholding
April 03 2008 - 11:23AM
UK Regulatory
RNS Number:5774R
Plasmon PLC
03 April 2008
Plasmon PLC ("Plasmon" or "the Company")
Completion of Placing and Directors' Dealings
Plasmon announces that further to the passing of the Resolutions in respect of
the Placing on 31 March 2008, Admission became effective at 8:00am today of the
100,000,000 New Ordinary Shares.
The Company also announces the following directors of Plasmon purchased shares
in the Company today under the Placing at a price of 10 pence per Ordinary
Share.
Director Number of Ordinary Shares Total number of Ordinary Percentage of Enlarged
purchased under the Placing Shares held Share Capital (%)
S Murphy 500,000 500,000 0.23
T Arthur 250,000 398,968 0.18
C McFadden 250,000 270,000 0.12
D Best 100,000 120,000 0.05
M Peacock 26,838,200* 57,008,200* 25.8
R Powell 400,000 460,000 0.21
* - these Ordinary Shares have been purchased by Hanover Investors. Matthew
Peacock is a partner of Hanover Investors
Further, as part of the Placing the Company has granted options to acquire, for
nil consideration, 6,622,688 Ordinary Shares (being approximately 3 per cent. of
the Enlarged Share Capital) to Steven Murphy under the 2008 Share Option Scheme.
These options will vest over a three year period depending on share price
performance, with a starting threshold of 35 pence per share and fully vesting
if a price of 120 pence per share is achieved. In the event that the conditions
to vesting of these options do not occur within the stated vesting period, the
options will lapse.
The definitions used in this announcement shall have the same meaning given to
them in the Prospectus published by the Company dated 6 March 2008.
Enquiries:
Plasmon Plc
Tel: 01763 261 466
Timothy Arthur
This information is provided by RNS
The company news service from the London Stock Exchange
END
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