CINP Cinpart

 

TIDMCINP 
 
RNS Number : 0579A 
Cinpart PLC 
01 October 2009 
 
 
 
1 October 2009 
 
 
CINPART PLC 
("Cinpart" or the "Company") 
 
 
Exercise of Options 
 
 
The Company announces that, following the exercise of various employee options, 
it has issued, conditional on admission, 1,302,265 ordinary shares of 1p each in 
the capital of the Company. 
 
 
Philip Palmer, Chairman of the Company, has exercised options over 27,777 
ordinary shares at a price of 7.5 pence per share and over 29,761 ordinary 
shares at a price of 7 pence per share. The new ordinary shares to be issued in 
respect of the exercise of Mr Palmer's options will be held via Consortia 
Trustees Limited on behalf of a discretionary trust, the beneficiaries of which 
include the family of Mr Palmer. Following the issue, Mr Palmer will be 
beneficially interested in 3,139,346 ordinary shares, equivalent to 3.99 per 
cent. of the voting share capital of the Company, including those shares held 
via Consortia Trustees Limited. 
 
 
In addition, options over 1,244,727 ordinary shares have been exercised by two 
former employees of the Company. 
 
 
Application has been made for these shares to be admitted to trading on AIM and 
dealings are expected to commence on 8 October 2009. Following the issue of 
these shares the Company will have 78,594,398 ordinary voting shares in issue. 
 
 
Enquiries: 
 
 
+---------------------------------------------+--------------------------+ 
| Cinpart                                                                | 
+------------------------------------------------------------------------+ 
| Christopher Foster, Executive Director      | Tel: 020 3176 3031       | 
+---------------------------------------------+--------------------------+ 
| Kevin Baker, Chief Executive                | Tel: 020 3176 3033       | 
+---------------------------------------------+--------------------------+ 
|                                             |                          | 
+---------------------------------------------+--------------------------+ 
| John East & Partners Limited, a subsidiary of Merchant Securities Plc  | 
| (Nomad)                                                                | 
+------------------------------------------------------------------------+ 
| John East/Simon Clements                    | Tel: 020 7628 2200       | 
+---------------------------------------------+--------------------------+ 
|                                             |                          | 
+---------------------------------------------+--------------------------+ 
| Mirabaud Securities LLP (Joint Broker)                                 | 
+------------------------------------------------------------------------+ 
| Rory Scott                                  | Tel: 020 7878 3360       | 
+---------------------------------------------+--------------------------+ 
|                                                                        | 
+------------------------------------------------------------------------+ 
| Rivington Street Corporate Finance Limited (Joint Broker)              | 
+------------------------------------------------------------------------+ 
| Monisha Varadan                             | Tel: 020 7562 3389       | 
+---------------------------------------------+--------------------------+ 
|                                             |                          | 
+---------------------------------------------+--------------------------+ 
| Hansard Group (Public Relations)                                       | 
+------------------------------------------------------------------------+ 
| Vikki Krause                                | Tel: 020 7245 1100       | 
+---------------------------------------------+--------------------------+ 
 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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