Exercise of options

RNS Number : 2912C

SpaceandPeople PLC

15 April 2013

 



15 April 2013

SpaceandPeople plc

("SpaceandPeople" or the "Company")

Exercise of Options / Issue of Equity

SpaceandPeople (AIM:SAL) the retail, promotional and brand experience specialist, announces that it has issued and allotted 45,500 new ordinary shares of 1p each in the Company ("Ordinary Shares") pursuant to the exercise of options of the Company. Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 18 April 2013.

Included in the above transaction, David Henderson-Williams, Chairman of SpaceandPeople, has exercised 25,000 options at an exercise price of 65p per Ordinary Share.  Following this transaction, Mr. Henderson-Williams will hold 65,000 Ordinary Shares representing 0.3 per cent. of the Company's total issued share capital.

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the exercise of the options, the number of Ordinary Shares in issue, and the total number of voting rights, has increased to 19,503,563. This is the figure which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information, contact:

SpaceandPeople plc	0845 241 8215
Matthew Bending Gregor Dunlay
Cantor Fitzgerald Europe	020 7894 7000
Stewart Dickson / David Foreman (Corporate Finance)
Richard Redmayne / Paul Jewell (Corporate Broking)

About SpaceandPeople plc:

SpaceandPeople facilitates and manages promotional space for marketing campaigns and retailing in shopping centres and other high footfall locations, such as theme parks and railway stations. SpaceandPeople is at the forefront of developing the concept of space as an advertising and promotional medium. It offers consumer brands the opportunity to promote their products through direct engagement with consumers through a mix of experiential marketing events and complementary above the line advertising and multimedia campaigns. SpaceandPeople offers a comprehensive service covering brokerage, consultancy and venue centric media buying. SpaceandPeople is independently funded and its shares are admitted to trading on AIM. The Company acquired Retail Profile, the RMU specialist, in May 2010 and operates in the UK, Germany, India and Russia.

www.spaceandpeople.com

 

END

 

 

IOEZMGMDVZKGFZM