Director/PDMR Shareholding

RNS Number : 9754W

Datacash Group PLC

18 June 2008

 



17th June 2008

DataCash Group plc ("DataCash" or the "Company")

Director shareholding

Under the terms of the top-up rights contained within the acquisition agreement between DataCash and Proc Cyber Services (UK) Limited, each time one of the Company's existing share options (which existed at the time of the acquisition) is exercised, Ashley Head, non­-executive chairman of the Company, is entitled to subscribe for the equivalent number of new shares at the same price as the exercise price of the option exercised.

The Company has been notified today by Mr Head that he has subscribed for the following shares at the following prices:

Number of shares              Exercise price (p)              Number of shares subscribed for by Mr Head               Subscription price

     100,000                          53.75 pence                                          100,000                                              53.75 pence

        2,000                           41.66 pence                                             2,000                                              41.66 pence 

Pursuant to subscribing for these shares Mr Head is beneficially interested in 44,830,724 shares representing 48.69 per cent, of the issued share capital of the Company.

There remain options over 337,171 DataCash shares, Mr Head has rights to subscribe for further new shares as and when these options are exercised.

Enquiries

Paul Burton, Chief Financial Officer       0870 727 4761

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