Parkmead Group (The) PLC Issue of Equity (7874Z)

TIDMPMG

RNS Number : 7874Z

Parkmead Group (The) PLC

12 March 2013

THE PARKMEAD GROUP PLC

("Parkmead" or the "Group")

Exercise of Options

The Board announces that, following the exercise of options under the Group's share option schemes, 1,744,908 ordinary shares of 0.1 pence each in the Group have been issued and allotted.

Accordingly, application has been made for the 1,744,908 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 15 March 2013.

The new ordinary shares will rank pari passu with the existing shares of the Group. Following this allotment, the total issued share capital of Parkmead will be 921,139,016 ordinary shares.

For further information please contact:

 
 The Parkmead Group plc 
 Donald MacKay                   01224 622200 
 
 Charles Stanley Securities      020 7149 6000 
 Nominated Adviser and Broker 
 Marc Milmo / Carl Holmes

12 March 2013

This information is provided by RNS

The company news service from the London Stock Exchange

END

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