Tangent Communications PLC Exercise of Options (1714F)
February 17 2015 - 12:32PM
UK Regulatory
TIDMTNG
RNS Number : 1714F
Tangent Communications PLC
17 February 2015
17 February 2015
Tangent Communications plc ("Tangent" or the "Company")
Exercise of Options
Tangent announces that on 17 February 2015 an employee of the
Company exercised 106,533 options under the Tangent unapproved
share option scheme. The options have an exercise price of 1 pence
per share.
The 106,533 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 106,533 new Ordinary
Shares to be admitted to trading on AIM and trading in such shares
is expected to commence on 23 February 2015 ("Admission").
Following Admission, the total number of Ordinary Shares in the
Company with voting rights will be 277,322,536.
For further information, please contact:
Tangent Communications plc
Kevin Cameron - Finance Director: 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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