Issue of warrants

RNS Number : 5408B

Oak Holdings PLC

18 April 2012

 



18 April 2012

Oak Holdings plc

(to be renamed Pires Investments PLC)

("Oak" or the "Company")

Issue of warrants / directors dealing

The Company announces that on 17 April 2012, the board issued a warrant to subscribe for new ordinary shares in the Company to each of Mr Aamir Quraishi and Mr Peter Redmond, a part of their remuneration package.  Mr Quraishi and Mr Redmond are directors of the Company.

The terms of the warrant are set out below:

Exercise price                                    £0.001

Number of shares                           1.5% of the issued share capital from time to time

The warrants can be exercised at any time up until 17 April 2015.

Enquiries:

Oak Holdings plc Peter Redmond, Director	Tel: [phone]
Nominated Adviser Cairn Financial Advisers LLP Liam Murray / Avi Robinson	Tel: [phone]
Broker Rivington Street Corporate Finance Limited Jon Levinson / Lucy Williams	Tel: [phone]

 

END

 

 

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