Augean Plc Exercise of Share Options and Total Voting Rights (3525Z)
10 December 2014 - 7:23PM
UK Regulatory
TIDMAUG
RNS Number : 3525Z
Augean Plc
10 December 2014
10 December 2014
Augean plc
("Augean" or "the Company")
Exercise of Share Options
& Total Voting Rights
Augean announces that it has issued 603,448 new ordinary shares
of 10 pence each in the Company ('Ordinary Shares') following the
exercise of share options by a former director; of which 500,000
were under the Group's Unapproved Share Option Scheme and 103,448
were under the Group's Approved Share Option Scheme.
Following the exercise of the share options noted above, there
remain a total of 5,515,303 options over the shares of the Company,
of which 1,272,409 have vested and 4,239,894 have vesting dates
between August 2016 and March 2017. All outstanding options are now
held by current directors or employees of the Company.
Application has been made to the London Stock Exchange for the
603,448 Ordinary Shares issued pursuant to the option exercise to
be admitted to trading on AIM ("Admission"). It is expected that
Admission will occur at 8.00 a.m. on 17 December 2014. The Ordinary
Shares shall rank pari passu with the existing Ordinary Shares.
Following Admission, the Company's enlarged issued share capital
and total number of voting rights will be 101,733,677 Ordinary
Shares. There are no shares held in treasury.
This figure of 101,733,677 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 FCA's Disclosure and Transparency Rules.
-Ends-
For further information, call:
Augean plc
Dr Stewart Davies, Chief
Executive
Richard Laker, Group Finance
Director 01937 844 980
N+1 Singer
Shaun Dobson
Richard Lindley
Jennifer Boorer 020 7496 3000
FTI Consulting
Oliver Winters
Adam Cubbage 020 3727 1535
This information is provided by RNS
The company news service from the London Stock Exchange
END
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