Director/PDMR Shareholding
20 Décembre 2007 - 12:25PM
UK Regulatory
RNS Number:3656K
Datacash Group PLC
20 December 2007
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 Exercise price (p) Number of shares Subscription
of shares subscribed for by Mr Head price
10,000 26.58 pence 10,000 26.58 pence
25,000 196.00 pence 25,000 196.00 pence
15,000 24.50 pence 15,000 24.50 pence
Pursuant to subscribing for these shares Mr Head is beneficially interested in
44,728,724 shares representing 48.69 per cent. of the issued share capital of
the Company.
There remain options over 465,771 DataCash shares. Mr Head has rights to
subscribe for further new shares as and when these options are exercised.
Enquiries
Keith Butcher, Commercial Director 0870 727 4761
This information is provided by RNS
The company news service from the London Stock Exchange
END
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