Exercise of Options

RNS Number : 0348N

Synairgen plc

25 September 2012

 



Synairgen plc

('Synairgen' or the 'Company')

Exercise of Options

Southampton, UK - 25 September 2012: Synairgen plc (LSE: SNG), the respiratory drug development company developing inhaled IFN-beta as a broad spectrum antiviral for asthma, COPD and severe viral lung infections, announces that it has applied for 68,716 ordinary shares of one pence each (the 'Option Shares') to be admitted to trading on the AIM Market of the London Stock Exchange ('AIM') ('Admission'). It is expected that Admission will occur and that dealings will commence in the Option Shares on 28 September 2012.

The Options Shares are being issued pursuant to the exercise of options by certain staff grade employees of the Company. The Options Shares will rank pari passu with the Company's existing ordinary shares.

Following Admission, the number of Ordinary Shares in issue and admitted to trading on AIM will be 75,184,336.

Contact

Synairgen plc Richard Marsden, CEO John Ward, Finance Director	[phone]
finnCap Ltd Geoff Nash Christopher Raggett	[phone]
Newgate Threadneedle Graham Herring Josh Royston	[phone]

 

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