Exercise of Options

RNS Number : 2296E

Altitude Group PLC

16 October 2018

 

ALTITUDE GROUP PLC

 (the "Company" or "Altitude")

Exercise of Options

Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, announces that a former employee of the Company has today exercised of options over 77,777 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") at a price of 11.95 pence per Ordinary Share.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 23 October 2018. 

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the exercise of options, the Company's issued share capital consists of 54,689,634 Ordinary Shares. Accordingly, the figure of 54,689,634 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Altitude Group plc Nichole Stella, Chief Executive Officer Graeme Couturier, Chief Financial Officer Peter Hallett, Non-Executive Chairman	[phone] 07973 683234 07887 987469
finnCap Ltd	020 7220 0500
Jonny Franklin-Adams (Corporate Finance)
Scott Mathieson (Corporate Finance)
Richard Chambers (ECM)

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

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