Augean Plc Director's Dealing & Exercise of Share Options (7782Y)
December 04 2014 - 2:01AM
UK Regulatory
TIDMAUG
RNS Number : 7782Y
Augean Plc
04 December 2014
Augean plc
("Augean" or "the Company")
Director's Dealing,
Exercise of Share Options & Total Voting Rights
Augean was informed yesterday that on 3 December 2014 Jim
Meredith, Chairman, purchased 175,000 ordinary shares of 10p each
("Ordinary Shares") at a price of 56 pence per Ordinary Share.
Accordingly, Mr Meredith has a beneficial interest in 500,000
Ordinary Shares, representing 0.49% of the total issued share
capital and total voting rights of the Company following the issue
of the new Ordinary Shares as described below.
Augean also announces that it has issued 354,430 new Ordinary
Shares following the exercise of share options by a former
director; of which 278,481 were under the Group's Unapproved Share
Option Scheme and 75,949 were under the Group's Approved Share
Option Scheme.
Application has been made to the London Stock Exchange for the
354,430 Ordinary Shares issued pursuant to the option exercise to
be admitted to trading on AIM ("Admission"). It is expected that
Admission will occur at 8.00 a.m. on 17 December 2014. The Ordinary
Shares shall rank pari passu with the existing Ordinary Shares.
Following Admission, the Company's enlarged issued share capital
and total number of voting rights will be 101,130,229 Ordinary
Shares. There are no shares held in treasury.
This figure of 101,130,229 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.
-Ends-
For further information, call:
Augean plc
Dr Stewart Davies, Chief Executive
Richard Laker, Group Finance Director 01937 844 980
N+1 Singer
Shaun Dobson
Richard Lindley
Jennifer Boorer 020 7496 3000
FTI Consulting
Oliver Winters
Adam Cubbage 020 3727 1535
This information is provided by RNS
The company news service from the London Stock Exchange
END
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