Exercise of Options

RNS Number : 7071G

K3 Business Technology Group PLC

02 July 2012

 



KBT

K3 BUSINESS TECHNOLOGY GROUP PLC

('K3' or 'the Company')

Exercise of Options

K3 announces that application has been made for the admission to trading on AIM of 3,577 new ordinary shares of 25p each in the Company ("New Ordinary Shares") following the exercise of options under the K3 Business Technology Group Savings Related Share Option Scheme 2010.  

The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.  Admission of the 3,577 ordinary shares is expected to take place on 5 July 2012.  Following admission and in accordance with DTR 5.6 and Rule 2.10 of the Takeover Code the total issued share capital of the Company will be 28,478,054 ordinary shares of 25p each of which 98,613 are held in treasury. This figure of 28,478,054 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 a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information:

K3 Business Technology Group plc		Andy Makeham, Chief Executive		T: 0161 876 4498
		David Bolton, Chief Finance Officer
finnCap Limited (NOMAD)		Marc Young / Henrik Persson		T: 020 7220 0500
Biddicks		Katie Tzouliadis / Sophie McNulty		T: 020 3178 6378

 

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