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AGU Arras Group SpA

0.93
0.00 (0.00%)
Last Updated: 08:08:32
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arras Group SpA BIT:AGU Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.93 0.915 0.00 08:08:32

Shareholder Notification

17/09/2003 5:07pm

UK Regulatory


RNS Number:8799P
Angus & Ross PLC
17 September 2003



ANGUS & ROSS PLC

("Angus & Ross" or "the Company")

17th September 2003

The company's former managing director, Dr Robert Young, has on 17th September
2003 sold 1,000,000 shares (2.4% of the issued share capital) in the Company at
a price of 6p per share.

In order to allow this transaction to take place, the company's Chairman, Mr
Robin Andrews and the company's operations director Mr Christopher Parry have
released Dr Young from the terms of option agreements dated 11 June 2002 which
allowed:

        (a) Mr Andrews to purchase up to 1,000,000 of the shares held by Dr
        Young at any time during the 1 year period commencing on the date of
        publication of the Company's interim results for the half-year to 31
        August 2002 at an exercise price of #0.16 per share; and

        (b) Mr Andrews and Mr Parry to each purchase up to 500,000 of the shares
        held by Dr Young at any time during the 2 year period commencing on the
        date of publication of the Company's interim results for the half-year
        to 31st August 2002 at an exercise price of #0.22 per share.

Following the share sale referred to above, Dr Young holds a total of 1,825,000
shares in the company, representing 4.3% of its issued share capital.

For further information, please contact:

Robin Andrews

Chairman

Angus & Ross PLC

01751 430 988

robin_andrews@angusandross.com



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

END
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