FFastFill PLC Exercise of Options and Directors' Dealings (5083A)

TIDMFFA

RNS Number : 5083A

FFastFill PLC

21 March 2013

FFastFill plc ("FFastFill" or the "Company")

Exercise of Options and Directors' Dealings

FFastFill Plc ("FFastFill" or the "Company") announces today that, pursuant to the Recommended Offer by Pattington Limited which was declared unconditional as to acceptances on 15 March 2013, application has been made for the admission of 31,399,268 new ordinary shares of 1p each ("New Ordinary Shares") to trading on AIM in relation to the exercise of share options and warrants by Directors and employees.

The number above includes the following share options, which were exercised by Directors of the Company on 20 March 2013:

 
 Name            Position                  Number       Exercise Price 
--------------  ------------------------  -----------  --------------- 
 Keith Todd      Executive Chairman         4,000,000   1 pence 
--------------  ------------------------  -----------  --------------- 
 Hamish Purdey   Chief Executive Officer   2,000,000    4 pence 
                                            500,000      5 pence 
                                            500,000      7 pence 
                                            500,000      8.25 pence 
                                            5,000,000    1 pence 
                                            1,875,000    8.375 pence 
--------------  ------------------------  -----------  --------------- 
 Mark Carlisle   Chief Financial Officer   1,500,000    1 pence 
--------------  ------------------------  -----------  --------------- 
 

The following Directors of the Company exercised warrants on 20 March 2013:

 
 Name                Position        Number     Exercise Price 
------------------  --------------  ---------  --------------- 
 Nigel McCorkell     Non-Executive   100,000    4 pence 
                                      150,000    7 pence 
------------------  --------------  ---------  --------------- 
 David Hurst-Brown   Non-Executive   100,000    4 pence 
                                      150,000    7 pence 
------------------  --------------  ---------  --------------- 
 

It is expected that dealings in these New Ordinary Shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, will commence on 26 March 2013.

Following the issue of the New Ordinary Shares, the issued share capital of the Company will comprise 524,782,950 ordinary shares.

For further information, please contact:

 
                                           [phone] 
 FFastFill plc                              1900 
 Keith Todd CBE, Executive Chairman 
 Hamish Purdey, Chief Executive Officer 
 Mark Carlisle, Chief Financial Officer 
 
                                           [phone] 
 FTI Consulting                             3113 
 James Melville-Ross / Matt Dixon 
 
                                           [phone] 
 Canaccord Genuity Limited                  8000 
 Simon Bridges / Cameron Duncan 
 
                                           [phone] 
 finnCap                                    0500 
 Victoria Bates 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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