Director/PDMR Shareholding
03 Juillet 2006 - 12:35PM
UK Regulatory
RNS Number:5453F
Datacash Group PLC
03 July 2006
3 July 2006
DataCash Group plc ("DataCash" or the "Company")
Director shareholding
Under the terms of the top-up rights contained within the acquisition agreement
between DataCash and Proc Cyber Services (UK) Limited, each time one of the
Company's existing share options (which existed at the time of the acquisition)
is exercised, Ashley Head, non-executive chairman of the Company, is entitled to
subscribe for the equivalent number of new shares at the same price as the
exercise price of the option exercised.
The Company has been notified today by Mr Head that he has subscribed for the
following shares at the following prices:
Number of Exercise price Number of shares subscribed for Subscription
options (p) by Mr Head price
50,000 100.50 pence 50,000 100.50 pence
55,000 26.58 pence 55,000 26.58 pence
125,000 23.25 pence 125,000 23.25 pence
75,000 24.50 pence 75,000 24.50 pence
97,790 53.75 pence 97,790 53.75 pence
10,000 26.58 pence 10,000 26.58 pence
Pursuant to subscribing for these shares Mr Head is beneficially interested in
45,325,901 shares representing 50.00 per cent. of the issued share capital of
the Company.
There remain options over 1,068,594 DataCash shares. Mr Head has rights to
subscribe for further new shares as and when these options are exercised.
The Company has today made application for the shares listed in the table above
to be admitted to trading on the London Stock Exchange and it is expected that
admission will take place on 6th July 2006.
Enquiries
Keith Butcher, Commercial Director 0870 727 4761
END
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END
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