Tangent Communications PLC Exercise of Options (7489K)

TIDMTNG

RNS Number : 7489K

Tangent Communications PLC

27 June 2014

Tangent Communications plc ("Tangent" or the "Company")

Exercise of Options

Tangent announces that on 25 June 2014 an employee of the Company exercised 71,355 options under the Tangent unapproved share option scheme. The options have an exercise price of 1 pence per share.

The 71,355 new ordinary shares issued will rank pari passu with the Company's existing ordinary shares of 1 pence each ("Ordinary Shares"). Application has been made for the 71,355 new Ordinary Shares to be admitted to trading on AIM and trading in such shares is expected to commence on 2 July 2014 ("Admission").

Following Admission, the total number of Ordinary Shares in the Company with voting rights will be 277,216,003.

For further information, please contact:

Tangent Communications plc

Kevin Cameron - Finance Director: 020 7462 6101

Seema Paterson - Corporate Development: 020 7462 6101

Canaccord Genuity Limited - Nominated adviser and broker

Bruce Garrow / Emma Gabriel: 020 7523 8350

This information is provided by RNS

The company news service from the London Stock Exchange

END

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