Director/PDMR Shareholding
December 09 2005 - 4:20AM
UK Regulatory
RNS Number:4079V
March Networks Corporation
09 December 2005
For Immediate Release 9 December 2005
March Networks Corporation ("March" or the "Company")
Issue of Equity and Directors Dealings
The Company has been informed that prior to 9 December 2005 the following issues
of equity common shares ("Common Shares") have occurred:
Event Date Number of
Common Shares
issued
Exercise of options from Between 27 April to 475,709
the Option Plan 8 December 2005
Exercise of QK
investment Warrants 23 November 2005 22,500
Exercise of GATX Venture
Canada Finance Inc.
Warrants 5 December 2005 2,500
Prior to December 9, 2005 the following Directors dealings have also occurred:
Exercised options over Common Shares
Director Date Number of options Exercise Price
exercised per share
Peter Strom 5 December 2005 80,000 C$5
Peter Charbonneau 5 December 2005 25,000 C$4
Joe Culp 5 December 2005 1,400 C$4
Granted options over Common Shares
Director Date Number of options Exercise
granted Price
Chris Burke 10 June 2005 1,250 C$12.34
Peter Charbonneau 10 June 2005 1,333 C$12.34
Peter Strom 29 June 2005 50,000 C$13.03
Peter Strom 31 August 2005 12,500 C$18.87
Chris Burke 5 Oct 2005 2,000 C$18.36
Peter Charbonneau 5 Oct 2005 2,000 C$18.36
Joe Culp 5 Oct 2005 2,000 C$18.36
Simon Gibson 5 Oct 2005 2,000 C$18.36
David Homer 5 Oct 2005 2,000 C$18.36
Terry Matthews 5 Oct 2005 2,000 C$18.36
Ian McLaren 5 Oct 2005 2,000 C$18.36
Patrick Smith 5 Oct 2005 2,000 C$18.36
Peter Strom 8 December 2005 12,500 C$26.92
Purchases of Common Shares
Director Date Number of shares Price
purchased
Chris Burke 27 April 2005 10,000 C$12.00
Disposal of Common Shares
Director Date Number of shares Sale price per
sold share
Peter Strom 5 December 2005 80,000 C$27.01
Peter Charbonneau 5 December 2005 25,000 C$27.01
Joe Culp 5 December 2005 1,400 C$27.24
As a result of these transactions as at 9 December 2005 the Directors interests
are as follows:
Director Number of Common Number of shares Number of
Shares held held as a options held
percentage of the
current issued
share capital
Chris Burke 10,000 0.062 % 3,250
Peter Charbonneau 39,896 0.249 % 3,333
Joe Culp 4,143 0.026 % 12,700
Simon Gibson Nil 0.0 % 4,000
David Homer Nil 0.0 % 4,000
Terry Matthews 4,647,973 29.04 % 11,032
Ian McLaren 20,000 0.125 % 13,200
Patrick Smith 1,776 0.011 % 22,000
Peter Strom Nil 0.0 % 205,000
The Company has today applied for block admission to trading on AIM for up to
2,968,382 Common Shares. The block admission application covers the following:
a) the 1,500,000 Common Shares to be issued pursuant to the exercise of
options under the Option Plan, as described in the AIM Admission Document
dated 20 April 2005;
b) the 500,709 Common Shares already issued as described earlier in this
announcement; and
c) the 967,673 Common Shares relating to the outstanding warrants, as
described in the AIM Admission Document dated 20 April 2005.
On admission, all the Common Shares will rank pari passu with the existing
Common Shares of the Company.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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