Exercise of Options Replacement
06 May 2009 - 1:18AM
UK Regulatory
TIDMDSG
RNS Number : 7132R
Dillistone Group PLC
05 May 2009
5 May 2009
Dillistone Group Plc
("Dillistone" or the "Company")
This announcement replaces RNS 7018R released today at 15:06.
Exercise of Options
Dillistone, the AIM quoted supplier of recruitment software, announces that
application has been made for the admission of 259,518 new ordinary shares of 5
pence each in the share capital of Dillistone ("Ordinary Shares") to trading on
AIM following the exercise, on 5 May 2009 by 23 employees, of share options
granted on 3 May 2006 under the Company's share option schemes ("Share
Options"). The exercise price of the Share Options was 16.154 pence per Ordinary
Share.
These new Ordinary Shares will rank pari passu with all existing Ordinary Shares
and it is expected that dealing in the new Ordinary Shares will commence on 11
May 2009.
37,143 of the Share Options exercised were exercised by Alexander James,
Projects Director of Dillistone. Following this option exercise Alexander James
is now beneficially interested in 40,498 Ordinary Shares which represents
approximately 0.72 per cent. of the enlarged issued share capital of the Company
following the exercise of the Share Options ("Enlarged Share Capital").
In addition, Dillistone was notified today that Mike Love, Non-Executive
Director of Dillistone and Executive Directors Jason Starr, Jim McLaughlin and
Rory Howard all purchased Ordinary Shares on 5 May 2009 at 130 pence per
Ordinary Share as set out in the table below:-
+--------------------+---------------+--------------+----------------------+--------------+--------------------+
| Director | Number of | Ordinary Shares held prior to | Ordinary Shares held following |
| | Ordinary | purchase | purchase |
| | Shares | | |
| | purchased | | |
+--------------------+---------------+-------------------------------------+-----------------------------------+
| | | Number | % of existing issued | Number | % of Enlarged |
| | | | share capital | | Share Capital |
+--------------------+---------------+--------------+----------------------+--------------+--------------------+
| Mike Love | 19,231 | nil | nil | 19,231 | 0.34 % |
+--------------------+---------------+--------------+----------------------+--------------+--------------------+
| Jason Starr | 12,350 | 1,172,461 | 21.71% | 1,184,811 | 20.93 % |
+--------------------+---------------+--------------+----------------------+--------------+--------------------+
| Jim McLaughlin | 12,350 | 1,000,000 | 18.52% | 1,012,350 | 17.89 % |
+--------------------+---------------+--------------+----------------------+--------------+--------------------+
| Rory Howard | 12,350 | 1,162,461 | 21.53% | 1,174,811 | 20.76 % |
+--------------------+---------------+--------------+----------------------+--------------+--------------------+
For the purposes of the Financial Services Authority's Disclosure and
Transparency Rules, the total number of Ordinary Shares in issue at today's date
is 5,659,518 with each Ordinary Share holding one voting right. There are no
Ordinary Shares held in treasury.
The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the Disclosure
and Transparency Rules.
For further enquiries:
+--------------------------------------------------+----------------------+
| Jim McLaughlin, Finance Director and Executive | 01934 710 509 |
| Chairman Dillistone Group Plc | |
+--------------------------------------------------+----------------------+
| | |
+--------------------------------------------------+----------------------+
| Emily Morgan, Blomfield Corporate Finance | 0207 489 4500 |
| Limited | |
+--------------------------------------------------+----------------------+
| | |
+--------------------------------------------------+----------------------+
| Daniel Briggs, Religare Hichens, Harrison | 0207 3827 776 |
+--------------------------------------------------+----------------------+
| | |
+--------------------------------------------------+----------------------+
| Tom Cooper, Winningtons Financial PR | 0797 122 1972 |
+--------------------------------------------------+----------------------+
Notes to Editors:
Dillistone Group Plc is a leader in the supply and support of recruitment
software to the search and selection market. Dillistone was admitted to AIM, a
market operated by the London Stock Exchange plc in June 2006.
Dillistone develops, publishes and supports Filefinder, its executive
recruitment software, for recruitment companies and in-house recruitment teams.
Filefinder is unique in providing tailored workflow and 24 hour support for
global users, to mirror the profile and demands of an executive search
assignment. Filefinder has been adopted by around 1,000 companies in more than
55 countries.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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