Exercise of Options (1324F)

TIDMDBAY

RNS Number : 1324F

Douglasbay Capital PLC

19 April 2011

DouglasBay Capital plc (the "Company")

DIRECTOR'S HOLDING IN COMPANY AND ADDITIONAL LISTING

DIRECTOR'S HOLDING

The Company announces that pursuant to the terms of its share option plan the following have exercised options over the ordinary shares of 5 pence each in the capital of the Company at a price of 10 pence each:

 
                                                          % of shares 
                                                           owned following 
                   Number of options   Number of shares    exercise of 
 Director           exercised           after exercise     options 
 Mr A Paiusco      42,696,255          45,482,840         3.3% 
                  ------------------  -----------------  ----------------- 
 Mr G Bicknell     21,348,128          21,738,372         1.6% 
                  ------------------  -----------------  ----------------- 
 Mr M Haxby        7,116,043           7,313,779          0.5% 
                  ------------------  -----------------  ----------------- 
 Mr S Riffner 
  (director of 
  a subsidiary)    14,232,086          15,207,696         1.1% 
                  ------------------  -----------------  -----------------

The Company was informed of the exercise of these options on Monday 18 April 2011 which were exercised the same day.

ADDITIONAL LISTING

Application has been made for 85,392,512 Ordinary Shares to be admitted to AIM. The Ordinary Shares will, upon issue, rank pari passu with the existing issued shares of the Company. Dealings are expected to commence on Tuesday 26 April 2011.

For more information, please contact:

DouglasBay Capital plc 01624 690 900 Alex Paiusco, Chief Executive Peel Hunt LLP, Nominated Adviser and Broker 020 7418 8900 Guy Wiehahn, Emma Riza

This information is provided by RNS

The company news service from the London Stock Exchange

END

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