Director/PDMR Shareholding

RNS Number : 0927L
Datacash Group PLC
30 April 2010
 



30th April 2010

 

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 shares

 

Exercise price (p)

Number of shares subscribed for by Mr Head

 

Subscription price

20,000

 

 

100.8 pence

 

20,000

 


100.8 pence

 







Pursuant to subscribing for these shares Mr Head is beneficially interested in 39,967,745 shares representing 43.27 per cent. of the issued share capital of the Company.

 

There remain options over 164,768 DataCash shares. Mr Head has rights to subscribe for further new shares as and when these options are exercised.

 

Enquiries

 

Paul Burton, Chief Financial Officer          0870 727 4761

 

END

 


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