Business
Exercise of Options
Exercise of Options.
About this update from Palace Capital Plc
[{"type":"text","content":"\n Leo Insurance Services PLC\n04 May 2006\n\n\nLeo Insurance Services plc(('LEO') or the 'Company')\n\n4 May 2006\n\nExercise of Options\n\nLeo Insurance Services plc has made an application for trading of 153,575\nordinary shares to be issued pursuant to the exercising of an option by Teather\nand Greenwood under the Option Deed (entered in to at the time of admission) at\n1p per ordinary share.\n\nThe new ordinary shares will rank pari passu with the existing ordinary shares\nof the Company. Trading is expected to commence on AIM on 10 May 2006.\n\n\nContacts:\n\nFor further information:\n\nLeo Insurance Services plc\nLarry Lipman (Executive Chairman) 020 8815 1616\nPaul Davis (Finance Director)\n\nTeather & Greenwood 020 7426 9000\nRobert Naylor / Harry Nicholas\n\nBinns & Co. PR Ltd\nPaul McManus 0207 786 9600\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1046,"tagName":"div"}]