Treasury shares issued and Director Dealing

RNS Number : 6831N

Sagentia Group PLC

11 September 2013

 



11 September 2013

Sagentia Group plc

("Sagentia" or the "Company")

Treasury shares issued and Director Dealing

Sagentia Group plc (AIM:SAG) announces that on 10 September 2013, the Company issued 440,000 treasury shares in settlement of the exercise of share options.  The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 38,328,230.  Sagentia holds 3,713,805 shares in treasury.

As part of the above issue, Neil Elton, the Company's Finance Director, exercised 250,000 Incentive Scheme options with an exercise price of £0.51 per share.  After settlement of exercise and tax charges he retains 70,000 shares.

Following this announcement the Directors of Sagentia Group plc have interests in the ordinary shares of the Company as follows:

	Number of shares owned	% holding	Number of shares under option	Shareholding prior to announcement	% holding prior to announcement
Martyn Ratcliffe	12,512,906	32.65%	2,500,000	12,512,906	33.03%
David Courtley	375,000	0.98%	-	375,000	0.99%
Neil Elton	171,914	0.45%	375,000	101,914	0.27%

Save for the above, the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.

- Ends -

 For further information:

Sagentia Group plc	Tel: [phone]
Neil Elton, Finance Director	www.sagentia.com

Numis Securities Limited
Nominated Adviser: Oliver Cardigan / Simon Willis Corporate Broking: James Serjeant	Tel: [phone]

Media enquiries:

Abchurch
Henry Harrison-Topham / Jamie Hooper	Tel: [phone]
[e-mail]	www.abchurch-group.com

 

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