Exercise of Options
15 Décembre 2003 - 6:39PM
UK Regulatory
RNS Number:2882T
Northern Recruitment Group PLC
15 December 2003
Northern Recruitment Group PLC ("the Company")
15 December 2003
Exercise of Options
Northern Recruitment Group plc announced on 13 December 2000 that Lorna Moran,
Chief Executive, had privately granted options over 280,000 ordinary shares of
5p each of her personal shareholding to a director and key employees. The option
price was 35.5p.
The company was advised today that an option over 30,000 of these shares has
been exercised and consequently the shares were sold to an employee at this
price.
Following the sale of these shares Mrs Moran now has an interest in 9,212,828
ordinary shares of 5p each per share, representing 53.88% of the Company's
issued share capital.
The Company also announces that, following the exercise of share options under
the Northern Recruitment Group 1997 Unapproved Share Option Scheme, it has today
issued and allotted 64,000 new ordinary shares of 5p each at an exercise price
of 35.5p per share.
Following the allotment of shares, the issued share capital of the company is
now 17,161,370 ordinary shares.
Application will be made for admission of the new ordinary shares to trading on
the London Stock Exchange as soon as practicable.
This information is provided by RNS
The company news service from the London Stock Exchange
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