23/07/2014 03:55:24 Free Membership Login

Replacement - Director/PDMR Shareholding

Date : 08/30/2011 @ 2:02AM
Source : UK Regulatory (RNS & others)
Stock : Park Grp. (PKG)
Quote : 56.0  0.0 (0.00%) @ 3:00AM
Park Group share price Chart

Replacement - Director/PDMR Shareholding

TIDMPKG

RNS Number : 1603N

Park Group PLC

30 August 2011

For release: 26 August 2011

PARK GROUP PLC

('Park' or 'the Company')

REPLACEMENT OF ANNOUNCEMENT 'DIRECTOR/PDMR SHAREHOLDING'

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 3 March 2011 at 16.54 under RNS No 3130C. The text below has been inserted into the original announcement.

The Company confirms that Chris Houghton, Martin Stewart and Gary Woods all sold Ordinary Shares in the Company to cover expenses relating to the options at a price of 33p per Ordinary Share.

All other details remain unchanged.

The full amended text is shown below.

Park Group plc announces that application has been made for the admission to AIM of 2,966,580 new Ordinary Shares of 2p each in the Company ("Ordinary Shares"), pursuant to the exercise of options by employees of the Company. The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealings are expected to commence on 9 March 2011.

Included within this exercise of options, the following Directors have exercised options over Ordinary Shares, and subsequently sold sufficient shares to pay for their associated costs.The Company confirms that Chris Houghton, Martin Stewart and Gary Woods all sold Ordinary Shares in the Company to cover expenses relating to the options at a price of 33p per Ordinary Share. The options were exercised at a price of 21.17p per Ordinary Share. The number of options exercised by Directors, and the amounts sold are as follows:

 
                                                                   % of Issued 
                          Options       Shares       Resultant           Share 
                        Exercised         Sold         Holding         Capital 
    C Houghton          1,000,000      824,342         322,797           0.19% 
    M Stewart             608,290      501,439         206,851           0.12% 
    G Woods               750,000      618,257         174,696           0.10% 
 

Following Admission, the Company's enlarged issued share capital will comprise 168,030,990 Ordinary Shares. Therefore the total number of Ordinary Shares with voting rights is 168,030,990. This figure of 168,030,990 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 FSA's Disclosure and Transparency Rules.

-ends-

For further information please contact:

 
 Park Group plc          Arden Partners             Tavistock Communications 
 Peter Johnson / Chris   Adrian Trimmings / Jamie   John West / Andrew 
  Houghton                Cameron                    Dunn 
 Tel: 0151 653 1700      Tel: 020 7614 5917         Tel: 020 7920 3150 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSLLFIDTAIRFIL

Park Group (LSE:PKG)
Historical Stock Chart

1 Year : From Jul 2013 to Jul 2014

Click Here for more Park Group Charts.

Park Group (LSE:PKG)
Intraday Stock Chart

Today : Wednesday 23 July 2014

Click Here for more Park Group Charts.


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 us 140723 03:55