Director/PDMR Shareholding
30 Avril 2010 - 8:01AM
UK Regulatory
TIDMDATA
RNS Number : 0927L
Datacash Group PLC
30 April 2010
30th April 2010
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 | Number of shares | | Subscription |
| of | | price (p) | subscribed for by | | price |
| shares | | | Mr Head | | |
+--------+----------+------------+--------------------+-+--------------+
|20,000 | | 100.8 | 20,000 | | 100.8 pence |
| | | pence | | | |
| | | | | | |
+--------+----------+------------+--------------------+-+--------------+
| | | | | | |
+--------+----------+------------+--------------------+-+--------------+
Pursuant to subscribing for these shares Mr Head is beneficially interested in
39,967,745 shares representing 43.27 per cent. of the issued share capital of
the Company.
There remain options over 164,768 DataCash shares. Mr Head has rights to
subscribe for further new shares as and when these options are exercised.
Enquiries
Paul Burton, Chief Financial Officer 0870 727 4761
END
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END
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