Issue of Equity

RNS Number : 4898E

Parkmead Group (The) PLC

07 April 2011

 

THE PARKMEAD GROUP PLC

("Parkmead" or the "Group")

Exercise of Options

The Board announces that, following the exercise of options under the Group's share option schemes, 1,000,000 ordinary shares of 0.1 pence each in the Group have been issued and allotted.

Accordingly, application has been made for the 1,000,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 12 April 2011.

The new ordinary shares will rank pari passu with the existing shares of the Group. Following this allotment, the total issued share capital of Parkmead will increase to 609,101,823 ordinary shares.

For further information please contact:

The Parkmead Group plc
Donald MacKay	0845 604 8806
Charles Stanley Securities	020 7149 6000
Nominated Adviser and Broker
Marc Milmo / Carl Holmes

07 April 2011

 

END

 

 

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