Exercise of Options, Issue of

RNS Number : 0564V

Focus Solutions Group PLC

03 July 2009

 

Press Release

3rd July 2009

Focus Solutions Group plc

("Focus Solutions" or the "Group")

Exercise of Options, Issue of Equity & Total Voting Rights

Application has been made today for the admission on the Alternative Investment Market of the London Stock Exchange ("AIM") of 50,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). 

The Ordinary Shares have been issued pursuant to the exercise of 50,000 options by an employee. Admission is expected to become effective on 8th July 2009.

The Ordinary Shares will, on admission to AIM, rank pari passu with and will be identical in all respects to, the existing Ordinary Shares of the Company.

Following the Admission, for the purposes of Disclosure and Transparency Rules, the Company's total issued share capital consists of 29,621,152 ordinary shares of 10p each, with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 29,621,152.

The above figure of 29,621,152 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 Disclosure and Transparency Rules.

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For further information:

Focus Solutions Group plc
Richard Stevenson, Chief Executive	Tel: [phone]
Martin Clements, Finance Director	www.focus-solutions.co.uk
Daniel Stewart & Company plc
Graham Webster	Tel: [phone]
	www.danielstewart.co.uk

Media enquiries:

Abchurch
Heather Salmond / Joanne Shears / Mark Dixon	Tel: [phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

About Focus Solutions Group plc

Focus Solutions is an established and proven supplier of enterprise solutions to the financial services industry in the UK, Ireland and more recently across Europe.  

Focus Solutions has delivered over 100 complex front office projects with multiple integration points and partners to a blue chip client base including 8 out of the top 10 UK Life & Pension providers, a number of leading bancassurers including the likes of HSBC and Irish Life, significant wealth management players such as St James's Place and a number of mortgage distributors. The technology truly enables straight through processing whilst providing an engaging client and adviser experience to submit and service business electronically.  

focus:360° is at the core of all client implementations providing a single, agile, multi-channel technology platform. Focus Solutions has brought together three key areas of expertise: software, consultancy and service delivery. This totally integrated approach means clients can distribute any product across any channel. At the same time they can maintain an enterprise-wide view of the customer value and risk. 

For further information on Focus Solutions, please visit www.focus-solutions.co.uk

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