4Less Group plc (The)
19 November 2004
The 4Less Group plc ('the Company')
The Admission Document of the Company dated 22 March 2004 disclosed Charles
McLeod, chief executive officer of the Company, as beneficially holding
2,810,662 ordinary shares following Admission and a further 125,000 ordinary
shares over which Fifth Avenue Capital Inc. ('Fifth Avenue') had an option to
acquire those ordinary shares.
On 22 July 2004, Fifth Avenue exercised their option in respect of 75,000
ordinary shares in full and final settlement of the option agreement.
Accordingly, following this exercise Mr Mcleod now beneficially holds 2,860,662
ordinary shares in the Company.
Enquires
Nigel Paul - Finance Director 020 7594 0513
This information is provided by RNS
The company news service from the London Stock Exchange
Exercise of Option
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