Director/PDMR Shareholding
Watermark Global
Watermark Global Plc
(“Watermark†or “the Companyâ€)
Director PDMR Shareholding
The Directors of Watermark announce that the Company has applied for admission to trading of 1,000,000 ordinary shares of 0.15 pence which are expected to be admitted to trading on 22 February 2011. These shares have been issued on 11 February 2011 to a director of the Company, Mr Adam Gunn, under the terms of his appointment to the Board of the Company. In addition, in accordance with the Company’s share and share option policy, the Board of Watermark on 11 February 2011 also awarded Mr Gunn 1,000,000 options with an exercise price of 10.0p which have vested immediately.
Following this issue of shares Mr Gunn holds 0.10 per cent of the issued share capital in the Company.
The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company has increased to 970,540,827 ordinary shares with voting rights. The Company holds no shares in Treasury, therefore the total number of voting rights in the Company is 970,540,827.
This figure of 970,540,827 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
Enquiries:
Watermark Global Plc | Â | |
Charles Zorab, Investor Relations | Tel: + 44(0) 20 7233 1462 | |
Nominated Adviser: Cenkos Securities | ||
Ian Soanes/Elizabeth Bowman | Tel: +44(0)20 7397 8928 |