Tavistock Investments plc
Directors' interests in shares
17 October 2013
Tavistock Investments plc ("Tavistock" or "Company") announces that it has granted options to subscribe for, in aggregate, 50,000,000 new ordinary shares of 0.01 pence each in the Company ("Ordinary Shares") at a price of 0.05 pence per share to its non-executive directors, Dominic Wheatley and Lord Astor. In addition, Oliver Cooke, chairman, has subscribed for 10,000,000 A Ordinary Shares at a price of 0.05 pence per share, as described in the circular to Tavistock shareholders dated 12 July 2013.
As a result of these grants and issues, the interests of the directors of Tavistock are now as follows:
|
Ordinary Shares |
Percentage of existing issued share capital |
Options to subscribe for Ordinary Shares |
A Ordinary Shares |
Oliver Cooke |
20,000,000 |
2.2% |
- |
10,000,000 |
Dominic Wheatley |
111,805,102 |
12.4% |
25,000,000 |
- |
Lord Astor |
50,000,000 |
5.6% |
25,000,000 |
- |
For further information:
Tavistock Investments plc
Oliver Cooke, Executive Chairman Tel: 020 7469 0930
Northland Capital Partners Limited
William Vandyk/Matthew Johnson Tel: 020 7796 8800
Peterhouse Corporate Finance Limited
Jon Levinson/Lucy Williams Tel: 020 7469 0930