Pure Wafer PLC Exercise of options and warrants (9459I)

TIDMPUR

RNS Number : 9459I

Pure Wafer PLC

15 December 2015

15 December 2015

PURE WAFER PLC

(AIM: PUR)

Exercise of options and warrants

Pure Wafer plc ("Pure Wafer" or "the Company"), a provider of high quality silicon wafer reclaim services for many of the world's leading semiconductor manufacturers as an integral part of their cost control programmes, announces that it has issued and allotted 839,000 Ordinary Shares of 20 pence each ("Ordinary Shares") pursuant to the exercise of share options under the Company's Enterprise Management Incentive Share Option Scheme and 718,742 share warrants exercisable at 20 pence per share.

Application has been made for the 1,557,742 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on or about 8:00 a.m. on 17 December 2015 ("Admission").

In addition to the exercise of 10,000 employee share options, following Admission, the Director shareholdings in the Company will be as follows:

 
                                                                                                                                        Total 
                                    Existing                                                            Total                 Total   Holding 
 Director                            Holding          Warrants          Options                     exercised               Holding       (%) 
------------  ------------------------------  ----------------  ---------------  ----------------------------  --------------------  -------- 
 Keith Baker                         169,872           237,702          225,000                       462,702               632,574     2.06% 
 Peter 
  Harrington                         235,549           306,513          375,000                       681,513               917,062     2.98% 
 Jerry 
  Winters                            114,841           174,527          129,000                       303,527               418,368     1.36% 
 Richard 
  Howells                             50,071                 -           75,000                        75,000               125,071     0.41% 
 Huw Lewis                                 -                 -           25,000                        25,000                25,000     0.08% 
 Stephen 
  Boyd                             1,540,081                 -                -                             -             1,540,081     5.01% 
 Paul Dolan                          130,460                 -                -                             -               130,460     0.42% 
 Dr Eufyl 
  Gwilym                              64,311                 -                -                             -                64,311     0.21% 
 Total 
  Directors                        2,305,185           718,742          829,000                     1,547,742             3,852,927    12.53% 
============  ==============================  ================  ===============  ============================  ====================  ======== 
 

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following Admission its issued share capital will consist of 30,754,344 Ordinary Shares of 20p each. The Company does not hold any shares in treasury. Shareholders may use these figures 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 FCA's Disclosure and Transparency Rules.

 
 Contacts: 
 
 Pure Wafer plc                   www.purewafer.com 
 Richard Howells, Chief 
  Executive                    [phone] 
 Huw Lewis, Chief Financial 
  Officer 
 
 WH Ireland Limited            www.wh-ireland.co.uk 
 John Wakefield/Ed Allsopp     [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 15, 2015 02:00 ET (07:00 GMT)