PBTY Probability

TIDMPBTY

RNS Number : 0741G

Probability plc

01 May 2014

01 May 2014

Probability plc ("Probability")

Director Dealings

(Exercise of options in connection with the Scheme)

Probability announces that, following the sanction by the court of the Scheme on 29 April 2014, certain directors exercised Probability Options over a total of 419,092 ordinary shares of 1p in Probability "(Ordinary Shares") as described below. The 419,092 new Ordinary Shares have been issued and allotted. The total number of Ordinary Shares in the Company following the exercise of all Probability Options in connection with Scheme is 35,837,866.

 
 Director           Probability        Exercise    Number            Number            Resultant   % Of 
                     Share              Price       of Shares         of shares         Holding     enlarged 
                     Option                         acquired          held                          issued 
                     Scheme                         as a result       excluding                     share 
                                                    of the            shares                        capital 
                                                    exercise          acquired 
                                                    of Probability    pursuant 
                                                    Options           to the 
                                                                      exercise 
                                                                      of Probability 
                                                                      Options 
-----------------  -----------------  ----------  ----------------  ----------------  ----------  ---------- 
 Charles 
  Cohen 
  (Chief 
  Executive         2010 EMI 
  Officer)           Scheme            GBP0.15     120,900           2,209,800         2,503,103   6.98% 
-----------------  -----------------  ----------  ----------------  ----------------  ----------  ---------- 
   GBP0.42                                         100,000 
  ----------------------------------------------  ----------------  ----------------  ----------  ---------- 
   GBP0.43                                         62,403 
  ----------------------------------------------  ---------------- 
  2011 EMI 
   Scheme            GBP0.49                       10,000 
 -----------------  ----------------------------  ----------------  ----------------  ----------  ---------- 
 Matthew 
  Wreford 
  (Non-Executive    2010 Unapproved 
  Director)          Scheme            GBP0.42     50,000            0                 60,000      0.17% 
-----------------  -----------------  ----------  ----------------  ----------------  ----------  ---------- 
  2011 Unapproved 
   Scheme            GBP0.49                       10,000 
 -----------------  ----------------------------  ----------------  ----------------  ----------  ---------- 
 Mike 
  Shinya 
  (Non-Executive    2012 Unapproved 
  Chairman)          Scheme            GBP0.01     65,789            0                 65,789      0.18% 
-----------------  -----------------  ----------  ----------------  ----------------  ----------  ---------- 
 

Capitalised terms used in this announcement, but not defined, have the same meanings as in the circular relating to the Scheme posted to Probability Shareholders on 11 March 2014.

For further information:

 
 Charles Cohen, Chief 
  Executive Officer 
  Qurban Hussain, Chief 
  Financial Officer        +44 (0) 20 7092 8800 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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