Mercury Recycling Group Plc ("The Company")
Exercise of Options
The Company announces that it was notified today that Anthony Leon, a Director of the Company, today exercised options to acquire 100,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 10 pence per share. Following the exercise, Mr Leon's holding of Ordinary Shares in the Company increased to 240,000, representing approximately 0.70% of the enlarged issued share capital.
Application will be made for the 100,000 Ordinary Shares to be admitted to AIM, with trading expected to commence on 30 September 2010 ("Admission"). Upon Admission, the new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.
After Admission, the Company will have 34,126,154 Ordinary Shares in issue.
Enquiries:
Mercury Recycling Group plc |
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Lord Barnett, Chairman |
0161 877 0977 |
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Smith & Williamson Corporate Finance Limited |
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Martyn Fraser, Barrie Newton |
0117 376 2213 |
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