Exercise of Options

RNS Number : 0752B

Lo-Q PLC

11 April 2012

 



11 April 2012

Lo-Q plc

Exercise of Options

Lo-Q plc (the "Company") announces today that application has been made for the admission of 6,018 new ordinary shares of 1 penny each (the "New Ordinary Shares") to trading on AIM pursuant to the exercise of share options. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.

It is expected that admission of the New Ordinary Shares will become effective on 16 April 2012.

Following the allotment of the New Ordinary Shares, the issued share capital will be 17,276,158 ordinary shares of 1 penny each.

For further information, please contact:

Lo-Q plc                                                                       [phone]

Tom Burnet, Chief Executive Officer

John Alder, Chief Financial Officer

FTI Consulting                                                             [phone]

James Melville-Ross, Matt Dixon, Clare Thomas

Canaccord Genuity Limited                                         [phone]

Simon Bridges, Kit Stephenson

Ends

 

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