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DGC Dobbies Garden

1,265.00
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dobbies Garden LSE:DGC London Ordinary Share GB0002729738 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,265.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Exercise of Options

11/09/2007 1:37pm

UK Regulatory


RNS Number:6627D
Dobbies Garden Centres PLC
11 September 2007





Dobbies Garden Centres Plc ("Dobbies" or "the Company")


Exercise of Options



Following the exercise of options by Directors and employees on 11 September
2007, application has been made by Dobbies for a further 122,100 ordinary shares
of 10 pence each in the Company ("Ordinary Shares") to be admitted to trading on
the AIM. Taking account of the additional 122,100 Ordinary Shares the total
share capital of the Company has increased to 10,371,840.

Included within the options exercised were 90,100 Ordinary Shares exercised by
Directors. These were included under the terms of the irrevocable undertakings
entered into by the Dobbies Directors and certain of their connected persons
(the "Irrevocable Undertakings") dated 7 June 2007 contained in Tesco Holdings'
announcement of 8 June 2007 of its firm intention to make an offer for Dobbies,
and the document posted to Dobbies Shareholders on 20 June 2007.


James Barnes' (CEO) shareholding in the Company is now as follows:


Previous                                              Nil
Option quantity and exercise price                    13,700 at 0p
New                                                   13,700


Sharon Brown's (Finance Director) shareholding in the Company is now as follows:


Previous                                              Nil
Option quantity and exercise price                    60,000 at 410p
Option quantity and exercise price                     9,100 at 0p
New                                                   69,100


Johnny Trotter's (Non-Executive Director) shareholding in the Company is now as
follows:


Previous                                              Nil
Option quantity and exercise price                     7,300 at 0p
New                                                    7,300


It is expected that dealings in these new ordinary shares, which rank pari passu
in all respects with the existing ordinary shares will commence on 14 September
2007.


Each of the directors named above will accept the cash offer made by Tesco
Holdings Limited for Dobbies at a price of 1,500 pence per share prior to the
closing date of 1:00pm (London time) on 14 September 2007.



Enquiries:

Sharon Brown
Finance Director
Dobbies Garden Centres plc                               0131 663 6778

Sandy Fraser
Brewin Dolphin Securities Limited                        0131 529 0272




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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