For immediate release |
20 May 2011 |
Futura Medical plc
("Futura" or "the Company")
Block Admission Application
Futura Medical plc (AIM: FUM), the pharmaceutical group that develops innovative products for consumer healthcare, announces that an application has been made to the London Stock Exchange for the block admission of a total of 2,335,000 ordinary shares of 0.2p pence each to be admitted to trading on AIM. The block listing application covers already awarded options and the shares may be issued pursuant to the share option schemes detailed below:
Option Plan |
No. of Shares in Block Admission |
|
|
Futura Medical plc Unapproved Share Option Scheme |
814,424 |
|
|
Futura Medical plc EMI Share Option Scheme |
1,520,576 |
All shares expected to be admitted pursuant to the above applications shall rank pari passu with the existing issued ordinary shares of the Company. It is expected that admission will become effective on 25 May 2011.
For any further information please contact:
Futura Medical plc |
|
James Barder, Chief Executive
|
Tel: +44 (0)1483 685 670 |
mail to: james.barder@futuramedical.com |
|
|
|
Nomura Code Securities Limited |
|
Phil Walker / Giles Balleny |
Tel:+44 (0)20 7776 1200 |
|
|
For media enquiries please contact: |
|
|
|
Buchanan Communications |
|
Mark Court / Jessica Fontaine |
Tel: +44 (0)20 7466 5000 |
Notes to Editors
Futura Medical plc
Futura Medical is a pharmaceutical group that develops innovative products for consumer healthcare. The Company is developing a portfolio of products and its strategy is to license their manufacture and distribution to major pharmaceutical and healthcare groups.
Futura is based in Guildford, Surrey, and its shares trade on the AIM market of the London Stock Exchange.