Business
Equity issue to employees
Equity issue to employees.
About this update from Fih Group Plc
[{"type":"text","content":"\n Falkland Islands Holdings PLC\n11 April 2006\n\n\n\n Falkland Islands Holdings Plc\n\n\n Employee Share Scheme matures\n New shares issued\n\nFor immediate release\n\n 11 April 2006\n\nFalkland Islands Holdings Plc ('FIH') announces that its Save As You Earn\n('SAYE') share incentive scheme matured on 31 March 2006, giving participating\nemployees the choice of receiving cash saved or applying the cash to exercise\nshare options and receiving new FIH shares.\n\nElections have now been received from all participants in the scheme and 81,972\nnew FIH shares have been issued.\n\nThe subscriptions were exercised at 175p per FIH share.\n\nThe new FIH shares referred to above include 5,400 FIH shares issued to David\nHudd, the chairman of FIH, which were announced on 5 April 2006.\n\nFollowing the issue of 81,972 new FIH shares, there are 8,461,452 FIH shares in\nissue.\n\nApplication has been made to London Stock Exchange Plc for the admission of the\nnew FIH shares to trading on AIM.\n\nEnquiries:\n\nFalkland Islands Holdings Plc\nJohn Foster, Managing Director Tel: 01279 461 630\n\nDawnay, Day Corporate Finance Ltd\nDavid Floyd Tel: 020 7509 4570\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1548,"tagName":"div"}]