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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cinpart | LSE:CINP | London | Ordinary Share | GB00B1YMN108 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 0579A
Cinpart PLC
01 October 2009
1 October 2009
CINPART PLC
("Cinpart" or the "Company")
Exercise of Options
The Company announces that, following the exercise of various employee options,
it has issued, conditional on admission, 1,302,265 ordinary shares of 1p each in
the capital of the Company.
Philip Palmer, Chairman of the Company, has exercised options over 27,777
ordinary shares at a price of 7.5 pence per share and over 29,761 ordinary
shares at a price of 7 pence per share. The new ordinary shares to be issued in
respect of the exercise of Mr Palmer's options will be held via Consortia
Trustees Limited on behalf of a discretionary trust, the beneficiaries of which
include the family of Mr Palmer. Following the issue, Mr Palmer will be
beneficially interested in 3,139,346 ordinary shares, equivalent to 3.99 per
cent. of the voting share capital of the Company, including those shares held
via Consortia Trustees Limited.
In addition, options over 1,244,727 ordinary shares have been exercised by two
former employees of the Company.
Application has been made for these shares to be admitted to trading on AIM and
dealings are expected to commence on 8 October 2009. Following the issue of
these shares the Company will have 78,594,398 ordinary voting shares in issue.
Enquiries:
+---------------------------------------------+--------------------------+
| Cinpart |
+------------------------------------------------------------------------+
| Christopher Foster, Executive Director | Tel: 020 3176 3031 |
+---------------------------------------------+--------------------------+
| Kevin Baker, Chief Executive | Tel: 020 3176 3033 |
+---------------------------------------------+--------------------------+
| | |
+---------------------------------------------+--------------------------+
| John East & Partners Limited, a subsidiary of Merchant Securities Plc |
| (Nomad) |
+------------------------------------------------------------------------+
| John East/Simon Clements | Tel: 020 7628 2200 |
+---------------------------------------------+--------------------------+
| | |
+---------------------------------------------+--------------------------+
| Mirabaud Securities LLP (Joint Broker) |
+------------------------------------------------------------------------+
| Rory Scott | Tel: 020 7878 3360 |
+---------------------------------------------+--------------------------+
| |
+------------------------------------------------------------------------+
| Rivington Street Corporate Finance Limited (Joint Broker) |
+------------------------------------------------------------------------+
| Monisha Varadan | Tel: 020 7562 3389 |
+---------------------------------------------+--------------------------+
| | |
+---------------------------------------------+--------------------------+
| Hansard Group (Public Relations) |
+------------------------------------------------------------------------+
| Vikki Krause | Tel: 020 7245 1100 |
+---------------------------------------------+--------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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