Exercise of Options (4209Q)

TIDMCTN

RNS Number : 4209Q

ClearStream Technologies Group PLC

19 October 2011

ClearStream Technologies Group plc

("the Company")

Exercise of Options

ClearStream Technologies Group plc (AIM: CTN), announces that it has allotted 659,686 new ordinary shares of EUR 0.125 each ("New Ordinary Shares"), issued and allotted as a result of the exercise of options following the cash offer by Hastings Investment Ireland Limited, a wholly owned subsidiary of C.R. Bard, Inc. (the "Offer"). The New Ordinary Shares have been automatically accepted into the Offer.

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that such Admission will occur at 8.00 am on 24 October 2011. Following Admission the total number of ordinary shares of EUR 0.125 each in issue will be 50,953,531 with each share carrying the right to one vote. There are no shares held in treasury.

The above figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

-ends-

For further information:

 
 ClearStream Technologies Group   Tel: + 353 (0) 53 923 
  plc                              7111 
 Pauline Oakes 
  Gay Gahan 
 FinnCap                          Tel: + 44 (0) 20 7600 
                                   1658 
 Marc Young 
 

Charlotte Stranner

This information is provided by RNS

The company news service from the London Stock Exchange

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