Business
Exercise of option
Exercise of option.
About this update from Sareum Holdings Plc
[{"type":"text","content":"\n Sareum Holdings PLC\n16 February 2006\n\n SAREUM HOLDINGS PLC\n\n (\"Sareum\" or the \"Company\")\n\n\n Exercise of put and call option\n\nThe Company announces that Billam AG has exercised an option to acquire\n5,000,000 Sareum Ordinary Shares of 0.025p each at a price of 2p per share,\npursuant to the Billam AG Put & Call Option described in the Company's AIM\nadmission document dated 5 October 2004. All options under the Billam AG Put &\nCall Option have now been exercised.\n\nApplication has been made for the admission to trading on AIM of 25,000,000\nSareum Ordinary Shares, with admission expected to take place on 20 February\n2006. These shares comprise the 5,000,000 shares referred to above and the\n20,000,000 shares as announced on 13 February 2006.\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":977,"tagName":"div"}]