Porvair PLC
25 August 2000
Porvair plc ('the Company')
Exercise of options
Application has been made for 46,475 ordinary shares of
2p each in the Company ('Ordinary Shares') to be admitted
to the Official List. The Ordinary Shares are being
issued pursuant to the exercise of options by Mr L G
Bingham, a director of the Company. Of these 26,475
Ordinary Shares are being exercised at £2.3608p pursuant
to the exercise of options under the Company's Share
Option Scheme 1986 and 20,000 Ordinary Shares are being
exercised at £2.99p under the Company's Share Option
Scheme 1997. Admission is expected to become effective on
30 August 2000.
Following the exercise of the options, Mr Bingham will
hold 51,475 Ordinary Shares and will hold an interest in
options over 20,000 Ordinary Shares exercisable at
£4.13p.