Datacash Group PLC
22 August 2006
22nd August 2006
DataCash Group plc ("DataCash" or the "Company")
Director shareholding
Under the terms of the top-up rights contained within the acquisition agreement
between DataCash and Proc Cyber Services (UK) Limited, each time one of the
Company's existing share options (which existed at the time of the acquisition)
is exercised, Ashley Head, non-executive chairman of the Company, is entitled to
subscribe for the equivalent number of new shares at the same price as the
exercise price of the option exercised.
The Company has been notified today by Mr Head that he has subscribed for the
following shares at the following prices:
Number of Exercise price Number of shares subscribed for Subscription
options (p) by Mr Head price
2,500 26.58 pence 2,500 26.58 pence
8,500 41.66 pence 8,500 41.66 pence
5,000 26.58 pence 5,000 26.58 pence
25,000 23.25 pence 25,000 23.25 pence
20,000 24.50 pence 20,000 24.50 pence
25,000 26.58 pence 25,000 26.58 pence
Pursuant to subscribing for these shares Mr Head is beneficially interested in
45,411,901 shares representing 50.00 per cent. of the issued share capital of
the Company.
There remain options over 982,594 DataCash shares. Mr Head has rights to
subscribe for further new shares as and when these options are exercised.
Enquiries
Keith Butcher, Commercial Director 0870 727 4761
END
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