Exercise of Options & Share Buy Back

RNS Number : 0451Z

Prime People PLC

09 March 2012

 



Prime People plc

Exercise of Options & Share Buy Back

09 March 2012

Prime People plc (AIM:PRP) (the "Company") announces that on 2 March 2012 it transferred 33,000 ordinary shares of the Company from its treasury account to satisfy employee share options exercised within the terms of the Company's Enterprise Management Incentive Share Option Scheme.

The Company further announces that on 5 March 2012, under the authority granted by shareholders on 28 June 2011, it purchased 33,000 ordinary shares of the company at a price of 65 pence. These shares are to be held in treasury. 

Following the share buyback the Company's issued ordinary share capital consists of 12,066,500  ordinary shares of which a total of 173,000 ordinary shares are held in treasury. Therefore the total number of ordinary shares with voting rights in Prime People is 11,893,500 ordinary shares. 

The above figure of 11,893,500 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FSA's Disclosure and Transparency Rules.

For further information, please contact: 

Prime People	020 73181785
Chris Heayberd, Finance Director
Cenkos Securities plc	020 7397 8900
Ivonne Cantu

 

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