Additional Listing / Directors PDMRs Shareholding

 

TIDMMAMA 
 
RNS Number : 1835H 
MAMA Group Plc 
15 February 2010 
 

15 February 2010 
 
 
 
                                 MAMA Group Plc 
 
                           ("MAMA", or "the Company") 
 
                              Exercise of option 
 
MAMA announces that it has today received an exercise notice in respect of 
options which have been granted to the Executive Directors and the Company 
Secretary of the Company to acquire, in aggregate 40,500,000 ordinary shares of 
5 pence each in the capital of the Company at an exercise price of 5 pence each 
(the "Option Shares"). 
 
The Company has today allotted and issued the Option Shares conditional only on 
the Option Shares being admitted to trading on AIM. 
 
Application has been made for admission of the Option Shares to AIM and dealings 
are expected to commence on 19 February 2010. The Option Shares will, on 
Admission, rank pari passu with the existing ordinary shares of 5 pence each in 
the capital of the Company. Following the allotment and issue of the Option 
Shares the Company will have an issued share capital of 849,890,312 fully paid 
up ordinary shares. 
 
On 23 December 2009, each of the directors of the Company (the "Directors") gave 
an irrevocable undertaking (the "Undertaking") to HMV Group Plc ("HMV") and 
Nomura International Plc, inter alia, to accept the recommended cash offer made 
by HMV on 15 January 2010 for the Company (the "Offer") in accordance with its 
terms in respect of (i) all ordinary shares which he held in the capital of the 
Company ("Ordinary Shares") at the date of such Undertaking (ii) any shares 
attributable to or deriving from such Ordinary Shares and (iii) any Ordinary 
Shares which he acquired and beneficially owned after signing the Undertaking. 
 
The Directors, to the extent that they held Ordinary Shares at the date of the 
Undertaking, have tendered their acceptances of the Offer in respect of all of 
those Ordinary Shares as set out in the table below. Following the allotment of 
the Option Shares the Directors will have the following interests in Ordinary 
Shares: 
 
+--------------+--------------+--------------+--------------+ 
|              | Ordinary     | Number of    | Resulting    | 
|              | Shares in    | Option       | Shareholding | 
|              | respect of   | Shares       |              | 
|              | which        |              |              | 
|              | acceptances  |              |              | 
|              | have been    |              |              | 
|              | tendered     |              |              | 
+--------------+--------------+--------------+--------------+ 
| Adam         | 45,611,145   | 12,500,000   | 12,500,000   | 
| Driscoll     |              |              |              | 
+--------------+--------------+--------------+--------------+ 
| Dean James   | 10,252,875   | 20,750,000   | 20,750,000   | 
+--------------+--------------+--------------+--------------+ 
| Chris Pennie | 0            | 5,000,000    | 5,000,000    | 
+--------------+--------------+--------------+--------------+ 
| Charles      | 15,856,250   | 0            | 0            | 
| McIntyre     |              |              |              | 
+--------------+--------------+--------------+--------------+ 
 
End 
 
 
+------------------------------------+------------------------+ 
| Adam Driscoll or Dean James,       |                        | 
| Co-Chief Executives                |                        | 
+------------------------------------+------------------------+ 
| MAMA Group Plc                     | 020 7688 9000          | 
+------------------------------------+------------------------+ 
|                                    |                        | 
+------------------------------------+------------------------+ 
| Mark Longson                       |                        | 
+------------------------------------+------------------------+ 
| Square1Consulting Limited          | 020 7929 5599          | 
+------------------------------------+------------------------+ 
|                                    |                        | 
+------------------------------------+------------------------+ 
| Dominic Morley or Callum Stewart   |                        | 
+------------------------------------+------------------------+ 
| Panmure Gordon                     | 020 7459 3600          | 
+------------------------------------+------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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