Exercise of Options and Director Shareholdings

RNS Number : 1176W

LPA Group PLC

25 January 2012

 

25 January 2012

LPA Group Plc

("the Company")

Exercise of Options and Director Shareholdings

On 24 January 2012, Peter Pollock, Chief Executive, exercised an option to purchase 75,000 new ordinary shares of 10p each in the Company at an option price of 32 pence per share. Further to the exercise, Peter Pollock is beneficially interested in 725,000 ordinary shares, representing 6.25 per cent. of the Company's enlarged issued share capital and is interested in options to subscribe for ordinary shares as set out below:

On 24 January 2012, Stephen Brett, Finance Director, exercised an option to purchase 75,000 new ordinary shares of 10p each in the Company at an option price of 32 pence per share. Further to the exercise, Stephen Brett is beneficially interested in 172,500 ordinary shares, being 1.49% of the Company's enlarged issued share capital and is interested in options to subscribe for ordinary shares as set out below:

The Company has applied for the 150,000 ordinary shares of 10p each issued pursuant to the exercise of share options to be admitted to trading on AIM. These shares will rank pari passu with the existing ordinary shares of the Company. Following admission the share capital of the Company will be 11,598,229 ordinary shares. Dealings in the new shares are expected to commence on 31 January 2012.

The Company was notified on 24 January 2012 that Per Staehr, Non-Executive Director, on that day purchased 20,000 ordinary shares of 10p each in the Company at an average price of 46.9 pence per share. Further to the purchase, Per Staehr is beneficially interested in 145,000 ordinary shares, being 1.25% of the Company's enlarged issued share capital.

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