West 175 Media Group Inc
04 August 2006
WEST 175 MEDIA GROUP INC (the 'Company')
4 August 2006
Director exercise of options
The Company announces that on 4 August 2006 it allotted and issued 2,700,000 new
ordinary shares of nil par value further to the exercise of options by John
Gunn, at an exercise price of 1 penny per ordinary share. The new ordinary
shares will rank pari passu with the existing ordinary shares of the Company and
dealings are expected to commence on 10 August 2006.
Following this allotment, and the allotment of the shares subject to the placing
in April 2006 announced earlier today, the issued share capital of the Company
is 394,657,470 ordinary shares.
John Gunn's holding will, as a result of the exercise represent equal to 14.0
per cent. of the enlarged issued share capital.
This information is provided by RNS
The company news service from the London Stock Exchange