Issue of Equity

RNS Number : 6237Z

First Derivatives PLC

10 February 2014

 

 10^th February  2014

First Derivatives plc

("First Derivatives" or the "Company")

Dealing by Director

Exercise of Options

First Derivatives (AIM: FDP.L, ESM: FDP.I), a leading provider of software and consulting services to the capital markets industry, is pleased to announce that, following the exercise of options by a Director and certain employees, 179,167 new ordinary shares of 0.5p each in the Company have been issued and allotted.

Accordingly, application has been made for the 179,167 new ordinary shares to be admitted to trading on AIM and ESM and it is expected that admission will take place on 13^th February 2014.

This includes options over 10,000 new ordinary shares exercised by Mr David Anderson, a Non-Executive Director, at a price of 178.5 pence per ordinary share.

Following this transaction Mr Anderson retains a holding of 142,500 First Derivatives ordinary shares representing approximately 0.73 per cent. of the issued share capital of the Company.  Mr Anderson also has a beneficial interest in share options over 50,000 First Derivatives ordinary shares which represent approximately 0.25 per cent. of the issued share capital of the Company.

The new ordinary shares will rank pari passu with the existing shares of the Company.  Following this allotment, the total issued share capital of the Company will increase to 19,485,988 ordinary shares.

Enquiries:

First Derivatives plc	[phone]
Brian Conlon, Chief Executive Officer	www.firstderivatives.com
Graham Ferguson, Finance Director
Charles Stanley Securities	[phone]
(Nominated Adviser& Broker)
Russell Cook
Carl Holmes
GoodbodyCorporate Finance	[phone]
(ESM Adviser)
Finbarr Griffin
Goodbody Stockbrokers Linda Hickey
Walbrook PR	[phone]
Financial PR	[e-mail]
Bob Huxford	[e-mail]
Helen Westaway

About First Derivatives

First Derivatives is a global provider of software and consulting services to the financial services industry. With almost 17 years' experience working with leading financial institutions, it continues to deliver technologically advanced products and services that anticipate and respond to the evolving needs of global capital markets.

First Derivatives currently employs over 850 people worldwide and counts many of the world's top investment banks, brokers and hedge funds as its customers. It has operations in London, New York, Stockholm, Shanghai, Singapore, Toronto, Sydney, Dublin, Newry and Hong Kong.

 

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