Exercise of Options

RNS Number : 9568D

Conygar Investment Company PLC(The)

11 December 2009

 



11 December 2009

The Conygar Investment Company PLC

Exercise of Options by Directors

The Conygar Investment Company PLC ("the Company") advises that on 10 December 2009 Peter Batchelor, Finance Director, exercised options under the Company's Executive Director Share Option Scheme in respect of 312,500 ordinary 5p shares in the Company ("Shares") at a price of 50 pence per Share, and 62,500 Shares at a price of 69 pence per Share.

Following this transaction, Mr Batchelor's holding in the Company is now 560,001 Shares representing 0.48% of the total voting rights.

The Company also advises that on 10 December 2009 Steven Vaughan, Property Director, exercised options under the Company's Executive Director Share Option Scheme in respect of 250,000 Shares at a price of 69 pence per Share.

Following this transaction, Mr Vaughan's holding in the Company is now 375,000 Shares representing 0.32% of the total voting rights.

Application has been made to AIM for admission of 625,000 Shares. These Shares will rank pari passu in all respects with the existing shares in issue. Admission is expected to become effective on 16 December 2009.

For further information please contact:

The Conygar Investment Company PLC

Robert Ware:                        020 7408 2322

Peter Batchelor:                    020 7408 2322

Oriel Securities Limited (Nominated Adviser and Broker)

Michael Shaw:                      020 7710 7600

Gareth Price:                        020 7710 7600

Temple Bar Advisory (Public Relations)

Alex Child-Villiers:                07795 425580

The directors of Conygar accept responsibility for the information contained in this announcement.  The best of the knowledge and belief of the directors of Conygar (who have taken all reasonable care to ensure that such is the case) the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

 

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