Sareum Holdings PLC
16 February 2006
SAREUM HOLDINGS PLC
("Sareum" or the "Company")
Exercise of put and call option
The Company announces that Billam AG has exercised an option to acquire
5,000,000 Sareum Ordinary Shares of 0.025p each at a price of 2p per share,
pursuant to the Billam AG Put & Call Option described in the Company's AIM
admission document dated 5 October 2004. All options under the Billam AG Put &
Call Option have now been exercised.
Application has been made for the admission to trading on AIM of 25,000,000
Sareum Ordinary Shares, with admission expected to take place on 20 February
2006. These shares comprise the 5,000,000 shares referred to above and the
20,000,000 shares as announced on 13 February 2006.
This information is provided by RNS
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