PST Portrait

 

TIDMPST 
 
RNS Number : 1771O 
Portrait Software Plc 
24 June 2010 
 

 
 
              Portrait Software Plc ("Portrait" or the "Company") 
 
                                ISSUE OF EQUITY 
 
The Company announces that it has approved the issue and allotment of 250,000 
new ordinary shares of 2.5p per share in the Company following an exercise of 
options by employees of the Company. These shares will rank pari passu with all 
existing ordinary shares. Application has been made to the London Stock Exchange 
plc for admission of the new ordinary shares to trading on AIM and dealings are 
expected to commence on 25 June 2010. 
 
Enquiries 
 
+-------------------------------+--------------------+ 
| Portrait Software plc         | +44 (0)1491 416    | 
| Luke McKeever, CEO            | 600                | 
| Matthew White, CFO            |                    | 
|                               |                    | 
+-------------------------------+--------------------+ 
| Singer Capital Markets Ltd    | +44 (0)20 3205     | 
| Shaun Dobson                  | 7500               | 
| Claes Spang                   |                    | 
|                               |                    | 
+-------------------------------+--------------------+ 
| ICIS                          | +44 (0)207 651     | 
| Tom Moriarty                  | 8688               | 
| Caroline Evans-Jones          |                    | 
+-------------------------------+--------------------+ 
 
 
Under Rule 8.3(b) of the City Code, any person who is, or becomes, interested in 
one per cent. or more of any class of relevant securities of the offeree company 
or of any paper offeror must make a Dealing Disclosure if the person deals in 
any relevant securities of the offeree company or of any paper offeror.  A 
Dealing Disclosure must contain details of the dealing concerned and of the 
person's interests and short positions in, and rights to subscribe for, any 
relevant securities of each of: (i) the offeree company; and (ii) any paper 
offeror, save to the extent that these details have previously been disclosed 
under Rule 8.  A Dealing Disclosure by a person to whom Rule 8.3(b) applies must 
be made by no later than 3.30 pm (London time) on the business day following the 
date of the relevant dealing. 
If two or more persons act together pursuant to an agreement or understanding, 
whether formal or informal, to acquire or control an interest in relevant 
securities of an offeree company or a paper offeror, they will be deemed to be a 
single person for the purpose of Rule 8.3. 
Opening Position Disclosures must also be made by the offeree company and by any 
offeror and Dealing Disclosures must also be made by the offeree company, by any 
offeror and by any persons acting in concert with any of them (see Rules 8.1, 
8.2 and 8.4 of the City Code). 
Details of the offeree and offeror companies in respect of whose relevant 
securities Opening Position Disclosures and Dealing Disclosures must be made can 
be found in the Disclosure Table on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk, including details of the number of relevant 
securities in issue, when the Offer Period commenced and when any offeror was 
first identified. If you are in any doubt as to whether you are required to make 
an Opening Position Disclosure or a Dealing Disclosure, you should contact the 
Panel's Market Surveillance Unit on +44 (0)20 7638 0129. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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