Director/PDMR Shareholding

RNS Number : 0730C

Lo-Q PLC

25 April 2012

 



25 April 2012

Lo-Q plc (the "Company")

Director/PDMR Shareholding

Lo-Q plc ("Lo-Q" or the "Company"), the AIM listed provider of virtual queuing systems for theme parks and major attractions, today announces that, on 24 April 2012, it received notification that Mr John Lillywhite, a non-executive director of the Company, exercised options over 40,000 ordinary shares of 1 penny each ("Ordinary Shares") issued under the Lo-Q plc Executive Share Option Plan with an exercise price of £1.56 per Share. Following this exercise, application has been made for the admission of 40,000 new Ordinary Shares to trading on AIM ("Admission").

It is expected that Admission will become effective on 1 May 2012 and, following Admission, the issued share capital will be 17,316,158 Ordinary Shares (the "Enlarged Issued Share Capital").

Following the exercise, Mr Lillywhite's interest in Ordinary Shares in the Company is now 40,000 Ordinary Shares, representing approximately 0.23% of the Enlarged Issued Share Capital.

For further information, please contact:

Lo-Q plc                                                                       [phone]

Tom Burnet, Chief Executive Officer

John Alder, Finance Director

FTI Consulting                                                             [phone]

Matt Dixon, Clare Thomas, James Melville-Ross

Canaccord Genuity Limited                                         [phone]

Simon Bridges, Kit Stephenson

 

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