Business
Exercise of Options
Exercise of Options.
About this update from Netcall Plc
[{"type":"text","content":"\n \nRNS Number : 5703R Netcall PLC 28 October 2013 \n \n\n28 October 2013\n \n \nNETCALL PLC\n(\"Netcall\", the \"Company\" or the \"Group\")\n \nExercise of Options, Issue of Equity & Director Dealing\n \nNetcall plc (AIM: NET) a leading provider of end to end customer engagement software solutions, announces that Henrik Bang, Chief Executive Officer of the Company, has today exercised options over 3,000,000 ordinary shares of 5 pence each (\"Ordinary Shares\"), each with an exercise price of 5 pence (the \"Exercise\"). \n \nAccordingly, the Company has applied for these 3,000,000 new Ordinary Shares to be admitted to trading on AIM. These new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and admission is expected to be effective on 31 October 2013.\n \nOn the same day, Mr Bang subsequently sold 2,000,000 Ordinary Shares at a price of 40 pence per Ordinary Share (the \"Sale\") primarily to fund the income tax and national insurance liabilities arising on the Exercise. \n \nFollowing the Exercise and Sale, Mr. Bang's holding in the Company is 1,930,000 Ordinary Shares, representing approximately 1.6% of the issued share capital of the Company.\n \nThe Company advises that, following the issue of the new Ordinary Shares pursuant to the Exercise as set out above, the Company's issued share capital is 125,347,826 Ordinary Shares (including 1,869,181 Ordinary Shares held as treasury shares). Therefore the Company's total number of Ordinary Shares with voting rights is 123,478,645.\n \nThe above figure of 123,478,645 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.\n \n \nFor further enquiries, please contact:\n \n\n\n\n\nNetcall plc \n\n\nTel. +44 (0) 330 333 6100\n\n\n\n\nHenrik Bang, CEO\nMichael Jackson, Chairman\nJames Ormondroyd, Group Finance Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nfinnCap Limited (Nominated Adviser and Broker) &nbs...