REG - Creightons PLC - Correction: Issue of Equity <Origin Href="QuoteRef">CRGT.L</Origin>

CreightonsAnnouncement

17/11/2015 17:30

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RNS Number : 0652G
Creightons PLC
17 November 2015 
 
CREIGHTONS PLC 
 
CORRECTION: ISSUE OF EQUITY 
 
This announcement replaces the Company's announcement issued under RNS number
7454F at 07.00 on 16 November 2015  (the "Previous Announcement"). The
Previous Announcement incorrectly stated that Martin Stevens had exercised
150,000 options, whereas it should have stated that he had exercised 100,000
options.  The full amended announcement is set out below. All other details
remain unchanged. 
 
"The Board of Creightons plc (the "Company") announces that the Company has
issued and allotted 300,000 new ordinary shares pursuant to an exercise of
options by certain employees and one director, of which 150,000 are at a price
of 2p per new ordinary share and 150,000 are at a price of 1.38p per new
ordinary share, representing approximately 0.5 per cent. of the so enlarged
issued share capital. 
 
Application has been made for these new ordinary shares to be admitted to the
Official List of the UK Listing Authority.  Application has also been made to
the London Stock Exchange plc for such ordinary shares to be admitted to
trading on its market for listed securities.  It is expected that listing and
trading will be effective from 20 November 2015. 
 
Martin Stevens, a director of the Company, exercised options as shown in the
table below, which also shows his holding before and after the exercise. 
 
 Name            Shares prior to exercise  Number of options exercised  Exercise price  Consequent shares  Consequent percentage (%)  
 Martin Stevens  181,818                   100,000                      1.38p           281,818            0.47                       
 
 
For the purposes of the Financial Services Authority's Disclosure and
Transparency Rules, the total number of ordinary shares in issue following
admission of the new ordinary shares will be 59,837,243, each carrying the
right to one vote.  The above figure may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FSA's Disclosure and Transparency Rules. 
 
For more information, please contact Nicholas O'Shea, Director, Creightons
plc, 01733 281000." 
 
This information is provided by RNS
The company news service from the London Stock Exchange