Exercise of Options
02 Juin 2010 - 4:50PM
UK Regulatory
TIDMTPH
RNS Number : 9689M
Telephonetics PLC
02 June 2010
Telephonetics PLC ("Telephonetics" or "the Company")
2 June 2010
Exercise of Options
The board of Telephonetics announces today that, following an exercise of
options, the Company has issued and allotted 971,180 ordinary shares of 1 pence
each in the Company ("Ordinary Shares").
As a result of this exercise the Company now has 110,109,986 Ordinary Shares in
issue with voting rights.
An application will be made to the London Stock Exchange for the new Ordinary
Shares, which will rank pari passu with the existing Ordinary Shares, to be
admitted to trading on AIM as soon as practicable.
Included within the 971,180 Ordinary Shares that were exercised today, Mike
Neville, a director of the Company, exercised 654,514 Ordinary Shares at an
exercise price of 1 pence per Ordinary Share. Following this exercise, Mike
Neville is interested in 804,514 Ordinary Shares.
Contacts:
Telephonetics
01442 242 242
James Ormondroyd Finance Director
Brewin Dolphin Corporate Advisory and Broking 0113 241
0130
Neil Baldwin
Sean Wyndham-Quin
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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