Directors Shareholding
April 02 2008 - 11:59AM
UK Regulatory
RNS Number:4623R
Freedom4 Communications PLC
02 April 2008
2 April 2008
FREEDOM4 Communications plc
(the "Company")
Directors Shareholding
The Company has today been informed that, as described in the Circular to
Shareholders dated 15 March 2008, the following directors have today exercised
Options and Warrants and have accordingly been issued the following Ordinary
Shares of 0.1p each:
Peter Dubens has been issued a total of 10,000,000 Option Shares at 6.25p per
Option Share, 3,333,333 Option Shares at 7.5p per Option Share and 49,300,000
Warrant Shares at 6.25p per Warrant Share.
The beneficial interest of Peter Dubens following this transaction is
201,522,222 Ordinary Shares representing 7.87% of the total issued share capital
of the Company.
Mike Read has been issued a total of 11,250,000 Option Shares at 6.25p per
Option Share, 2,920,000 Option Shares at 7.5p and 15,000,000 Warrant Shares at
6.25p per Warrant Share.
The beneficial interest of Mike Read following this transaction is 29,170,000
Ordinary Shares representing 1.13% of the total issued share capital of the
Company.
Stewart Porter has been issued a total of 3,682,712 Option Shares at 1p per
Option Share, 21,394,560 Options Shares at 2.25p per Option Share and 348,360
Option Shares at 3p per Option Share.
The beneficial interest of Stewart Porter following this transaction is
25,600,132 Ordinary Shares representing 0.99% of the total issued share capital
of the Company.
For further details, contact:
FREEDOM4 Communications plc Tel: 0845 200 1122
Mike Read, Chief Executive
Stewart Porter, Finance Director
Collins Stewart, Nomad to the Company Tel: 020 7523 8350
Hugh Field / Jonny Sloan
Chris Wells
Financial Dynamics Tel: 020 7831 3113
Juliet Clarke / Edward Bridges / Erwan Gouraud
The definitions used in this announcement are the same as the ones used in the
Circular to Shareholders dated 15 March 2008 (the "Circular").
Collins Stewart Europe Limited, which is authorised and regulated by the
Financial Services Authority, is acting exclusively for FREEDOM4 Communications
plc and no one else in connection with the Tender Offers and will not be
responsible to any person other than the Company for providing the protections
afforded to customers of Collins Stewart Europe Limited or for providing advice
in relation to the Tender Offers or any matter referred to or contained in the
Circular.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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