RNS Number : 4192B
Nasstar PLC
15 August 2008
Issue of Equity
The Board of Nasstar Plc ("Nasstar" or "the Company", AIM: NASA) confirms today that they
have approved the issue of new Ordinary Shares
in the Company of 1p, following the exercise of options as follows (the 'Options'):
Number of Options Exercised Exercise Price
Peter Daresbury 105,000 12p
Damion Greef 95,000 12p
Richard Malkin 70,000 12p
The new Ordinary Shares will on their issue rank pari passu with the existing Ordinary
Shares in issue and an application has been made
for the admission of these shares to trading on AIM ("Admission") with admission expected to
occur on 21 August 2008.
Following Admisson, Lord Daresbury will have an interest in 3,201,062 Ordinary Shares,
representing 19.9% of the Company's issued share
capital. Of these 763,205 Ordinary Shares are held personally, 1,276,190 Ordinary Shares are
held by Nortrust Nominees Limited, and
1,161,667 Ordinary Shares are held by Savernake Holdings (D) Limited.
Following Admisson, Damion Greef will have an interest in 907,881 Ordinary Shares,
representing 5.6% of the Company's issued share
capital.
Following the issue of these Ordinary Shares, which will happen conditionally on
Admission, the Company will have 16,096,556 ordinary
shares in issue.
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.
For further information, please contact:
Nasstar Plc 0870 240 1634
Charles Black, Chief
Executive
Ambrian Partners Limited 0207 634 4700
Tim Goodman
This information is provided by RNS
The company news service from the London Stock Exchange
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