Issue of Equity
July 06 2006 - 11:09AM
UK Regulatory
RNS Number:8014F
March Networks Corporation
06 July 2006
6 July 2006
March Networks Corporation ("March" or the "Company")
Issue of Equity and Directors Dealings
The Company has been informed that as of July 5, 2006 the following issues of
equity common shares ("C6mmon Shares") have occurred in relation to payment of
Director's fees in lieu of cash compensation:
Director Period of Services Date of Number of Common Shares
issuance issued
Terence July 5, 2006 to Oct. 3, 2006 July 5, 2006 641
Matthews
Chris July 5, 2006 to Oct. 3, 2006 July 5, 2006 427
Burke
Joe Culp July 5, 2006 to Oct. 3, 2006 July 5, 2006 294
David July 5, 2006 to Oct. 3, 2006 July 5, 2006 294
Homer
Ian July 5, 2006 to Oct. 3, 2006 July 5, 2006 320
McLaren
Simon July 5, 2006 to Oct. 3, 2006 July 5, 2006 240
Gibson
Patrick July 5, 2006 to Oct 3, 2006 July 5, 2006 213
Smith
As a result of these transactions the Directors interests are as follows as of
July 5, 2006:
Director Number of Common Number of shares held as Number of options
Shares held a percentage of the held
current issued share
capital
Terry Matthews 4,650,329 28.055 % 11,032
Chris Burke 6,361 0.038% 3,250
Joe Culp 4,811 0.029% 5,217
David Homer 1,080 0.006 % 4,000
Ian McLaren 21,177 0.127 % 11,800
Simon Gibson 882 0.005 % 3,333
Patrick Smith 3,760 0.023 % 5,900
This information is provided by RNS
The company news service from the London Stock Exchange
END
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