TIDMOAH

RNS Number : 5408B

Oak Holdings PLC

18 April 2012

18 April 2012

Oak Holdings plc

(to be renamed Pires Investments PLC)

("Oak" or the "Company")

Issue of warrants / directors dealing

The Company announces that on 17 April 2012, the board issued a warrant to subscribe for new ordinary shares in the Company to each of Mr Aamir Quraishi and Mr Peter Redmond, a part of their remuneration package. Mr Quraishi and Mr Redmond are directors of the Company.

The terms of the warrant are set out below:

   Exercise price                                    GBP0.001 
   Number of shares                           1.5% of the issued share capital from time to time

The warrants can be exercised at any time up until 17 April 2015.

Enquiries:

 
 Oak Holdings plc                      Tel: 0207 580 7576 
  Peter Redmond, Director 
 Nominated Adviser                     Tel: 020 7148 7900 
  Cairn Financial Advisers LLP 
  Liam Murray / Avi Robinson 
 Broker                                Tel: 020 7562 3357 
  Rivington Street Corporate Finance 
  Limited 
  Jon Levinson / Lucy Williams

This information is provided by RNS

The company news service from the London Stock Exchange

END

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