Exercise of options

RNS Number : 5861F

K3 Business Technology Group PLC

25 April 2014

 

KBT

25 April 2014

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 ("Admission") of a total of 72,725 new ordinary shares of 25p each ("Ordinary Shares" and the "New Ordinary Shares") in the Company following the exercise of 50,000 share options by an employee under the K3 Business Technology Group Executive Share Option Scheme 2000 and the exercise of 22,725 share options by three employees 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 is expected to be effective from 1 May 2014. Following Admission, the total issued share capital of the Company will be 31,701,862 Ordinary Shares of 25p each. The Company holds no Ordinary Shares in treasury.

For further information:

K3 Business Technology		David Bolton, Chief Executive Officer		T: 0161 876 4498
Group plc		Brian Davis, Chief Finance Officer
finnCap Limited (NOMAD)		Julian Blunt / Henrik Persson		T: 020 7220 0500
KTZ Communications		Katie Tzouliadis / Deborah Walter		T: 020 3178 6378

 

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