Titan Europe PLC Additional Listing and TVR (5049O)
October 11 2012 - 7:47AM
UK Regulatory
TIDMTSW
RNS Number : 5049O
Titan Europe PLC
11 October 2012
Titan Europe Plc
("the Group" or "Titan Europe")
Exercise of Options and TVR
The Company has allotted and issued 180,000 ordinary shares of
40 pence each in the capital of the Company following the exercise
of options held under the Titan Europe Plc Unapproved Share Option
Scheme 2004 on behalf of Morry Taylor, Non-Executive Chairman of
the Group. The exercise of options was approved and disclosed on 9
October 2012 and the new shares were issued on 10 October 2012 at a
price of 40 pence per share.
Application has been made to the London Stock Exchange for
admission of the 180,000 new ordinary shares of 40p each to be
issued pursuant to the exercise of options to be admitted to
trading on AIM. Admission is expected to occur on 16 October
2012.
Following this issue Morry Taylor has a beneficial interest in
180,000 ordinary shares in the Company representing 0.21 per cent
of the issued ordinary share capital of the Company.
For the purposes of the Disclosure and Transparency Rules, Titan
Europe's total issued share capital following the exercise of
options consists of 87,822,988 ordinary shares of 40 pence each.
This 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, Titan
Europe, under the Disclosure and Transparency Rules.
Enquiries:
Mike Akers, Chief Steve Douglas Fiona Tooley
Executive
Titan Europe plc Arden Partners plc TooleyStreet Communications
Tel: +44 (0) 1562 Tel:+44 (0) 20 7614 Mobile: +44 (0) 7785 703
850561 5900 523
www.titaneurope.com Tel:+44 (0) 121 Tel:+44 (0) 121 309 0099
433 8900
Ticker AIM: TSW.L
This information is provided by RNS
The company news service from the London Stock Exchange
END
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