Exercise of options

RNS Number : 1734K

TMT Investments PLC

20 June 2014

 



20 June 2014

TMT INVESTMENTS PLC

("TMT" or the "Company")

Exercise of options

The Company announces that on 20 June 2014, the Company's senior managers German Kaplun, Alexander Morgulchik and Artyom Inyutin each exercised options over 375,000 (in total 1,125,000) ordinary shares of no par value in the Company ("Shares") from the October 2012 grant, at the exercise price of US$1.40 per Share.  The Shares acquired collectively represent 4.30% of the Company's enlarged issued share capital.

The new Shares will rank pari passu with existing Shares and application will be made for the new Shares to be admitted to trading on AIM in due course.

Following the issue of the new Shares, the Company will have a total of 26,136,062 Shares in issue.  The senior managers' individual share holdings in the Company will be as follows:

·    Advance Consulting Services Ltd (controlled by Artyom Inyutin): 5,308,929 Shares, representing 20.31% of the Company's enlarged issued share capital;

·    MacMillan (controlled by German Kaplun and Alexander Morgulchik): 5,479,000 Shares, representing 20.96% of the Company's enlarged issued share capital.

For further information contact:

TMT Investments Plc Mr. Alexander Selegenev www.tmtinvestments.com	[phone] [e-mail]
ZAI Corporate Finance Ltd. NOMAD and Broker Ray Zimmerman/Richard Morrison/Irina Lomova	[phone]
Kinlan Communications David Hothersall	Tel. [phone] [e-mail]

 

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