05 October 2005
URBIUM PLC (the 'Company')
5 October 2005
Rule 2.10 Announcement - Relevant Securities in Issue
The Company announces that 1,199,797 ordinary shares of 50 pence each were today
issued and allotted to satisfy the exercise of options, and, pursuant to Rule
2.10 of the City Code on Takeovers and Mergers, that its current issued share
capital therefore now comprises 11,702,274 ordinary shares of 50 pence each.
Pursuant to this exercise of options, John Conlan, Chairman, has been allotted
273,333 ordinary shares in the Company at a price of 535 pence per share;
Stephen Richards, Chief Executive Officer, has been allotted 183,333 ordinary
shares in the Company at a price of 600 pence per share; and Steven Palmer,
Finance Director, has been allotted 215,659 ordinary shares in the Company
(15,660 at a price of 894 pence per share; 99,999 at a price of 675 pence per
share; and 100,000 at a price of 269 pence per share). Mr Conlan, Mr Richards
and Mr Palmer are now deemed to be interested in 295,408, 183,333 and 220,973
ordinary shares, respectively, in the Company, although all of such ordinary
shares have been assented to the cash offer for ordinary shares of the Company
made by Lightflower Acquisition Limited at 1075 pence for each ordinary share.
Application has been made to the London Stock Exchange for admission of these
shares to trading on AIM. Dealings in the new shares are expected to commence on
Tuesday 11 October 2005.
This information is provided by RNS
The company news service from the London Stock Exchange