Director/PDMR Shareholding and Total Voting Rights

RNS Number : 2495Q

Revolymer PLC

11 October 2013

 



11 October 2013

Revolymer plc

("Revolymer" or "the Company")

Director/PDMR Shareholding and Total Voting Rights

Revolymer received notice on 10 October 2013 that the Non-executive Chairman of the Company, Mr Jack Keenan, had exercised share options ("Options") over 324,480 new ordinary shares of 1p each (the "New Ordinary Shares"). The Options comprise 162,030 options at an exercise price of 25.00 pence each, 96,030 options at an exercise price of 26.17 pence each and 66,420 options at an exercise price of nil. The Company has a block listing facility in place over this scheme and is drawing down 324,480 block listing shares to cover the exercise. The block listing shares rank pari passu in all respects with the existing issued ordinary shares of 1p each ("Ordinary Shares") in the share capital of Revolymer. At completion of the exercise Mr Keenan holds 781,750 Ordinary Shares in the Company, representing 1.4 per cent. of the shares in issue. Mr Keenan has no further share options over Ordinary Shares.

As of 11 October 2013, the Company's issued share capital therefore consists of 54,166,180 Ordinary Shares, each with voting rights attached (one per ordinary share) the Company does not hold any Ordinary Shares in treasury.

Therefore the total number of Ordinary Shares in the Company with voting rights is 54,166,180.

The above figure of 54,166,180 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or changes to their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Ends

For further information please contact:

Revolymer plc	[phone]
Roger Pettman Rob Cridland
Panmure Gordon (UK) Limited	[phone]
Callum Stewart / Adam James (Corporate Finance) Adam Pollock / Charles Leigh-Pemberton (Corporate Broking)
Citigate Dewe Rogerson	[phone]
David Dible / Ginny Pulbrook/Malcolm Robertson

About Revolymer

Revolymer is a technology company that designs, develops and formulates novel polymers to improve the performance of existing consumer products within the FMCG and other industrial markets. Revolymer's strategy is to generate significant and growing revenue streams by licensing its unique and proprietary technologies to manufacturers and marketers within these global high value markets. Current applications for the Group's technologies are in the household products, personal care and coatings & adhesives markets (together "Consumer Specialties") and the medicated chewing gum and confectionery chewing gum (together "Gum") markets.

www.revolymer.com

 

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