Exercise of options, blocklisting and completion

RNS Number : 4696T

Dillistone Group PLC

06 October 2014

 



6 October 2014

Dillistone Group Plc

("Dillistone", the "Company" or the "Group")

Completion of acquisition, exercise of options and blocklisting

Dillistone Group Plc, the AIM quoted supplier of software and services for the recruitment sector, announces that on Friday 3 October, the acquisition of ISV Group Ltd, announced on 30 September 2014, completed and Julie Pomeroy, Finance Director, exercised 25,794 options at 77p.  The Group is also pleased to announce that today an application has been made to the London Stock Exchange for a block admission of 400,000 ordinary shares of 5p each.

The block admission relates to ordinary shares which will be allotted from time to time in accordance with the exercise of options under the Company's Enterprise Management Incentive Scheme (the EMI Scheme) and the Unapproved Scheme, and will rank pari passu with the existing ordinary shares in issue. It is anticipated that the blocklisting will be admitted on October 9 2014.

Post the exercise of options, Julie Pomeroy now holds 39,682 ordinary shares in Dillistone.

Enquiries:

Dillistone Group Plc
Mike Love	Chairman	020 7749 6100
Jason Starr	Chief Executive	020 7749 6100
Julie Pomeroy	Finance Director	020 7749 6100
WH Ireland Limited (Nominated adviser)
Chris Fielding	Head of Corporate Finance	020 7220 1650
Winningtons
Tom Cooper / Paul Vann		020 3176 4722
		0797 122 1972
		[e-mail]

Notes to Editors:

Dillistone Group Plc (www.dillistonegroup.com) is a leader in the supply and support of software and services to the recruitment industry. It has four trading businesses operating through two divisions: Dillistone Systems, which targets the executive search industry (www.dillistone.com); and Voyager Software, which targets other recruitment markets (www.voyagersoftware.com).

Dillistone has made three acquisitions: Voyager Software in September 2011, FCP Internet in July 2013 and ISV Software in September 2014.  The Group operates under the FileFinder, Infinity, Evolve and ISV brands.

Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.  The Group employs over 100 people globally with offices in London (head office) Basingstoke and Southampton, Frankfurt, New Jersey and Sydney.

 

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