Add Listing & Director Shdg
International Greetings PLC
21 December 2004
International Greetings PLC
Additional Listing and Directors' Shareholding
International Greetings PLC (the 'Company') has today applied for the admission
to AIM ('Admission') of 95,000 new ordinary shares of 5 pence each in the
Company , which are being issued pursuant to the exercise of options to
subscribe 90,000 new ordinary shares at 41.7 pence per share and options to
subscribe 5,000 new ordinary shares at 212 pence per share.
As part of this exercise of share options, Martin Hornung, a Director of the
Company has received 90,000 ordinary shares at a price of 41.7 pence per
ordinary share.
Application has been made to admit these new ordinary shares to trading on the
Alternative Investment Market. It is expected that admission of these new 95,000
ordinary shares, which will rank pari passu in all respects with the existing
ordinary shares, will become effective on 24 December 2004.
Furthermore, in order to satisfy institutional demand and to improve the free
float of the Company, the Company announces the following disposals of ordinary
shares of 5p each in the Company:
Director Shares % issued Resultant % issued
disposed shares shareholding shares
N Fisher * 200,000 0.47% 2,500,316 5.85%
S A Hedlund ** 100,000 0.23% 24,001,306 56.17%
M Hornung *** 90,000 0.21% 487,444 1.14%
M Collini 20,000 0.05% 175,316 0.41%
The disposals were effected and the Company notified on 21 December 2004 at 335
pence per share.
* The shares disposed of were registered in his own name. Mr Fisher's resultant
interest in the Company's shares comprises 1,000,316 ordinary shares in his own
name and 1,500,000 ordinary shares in the name of Benalex Holdings Limited, a
company incorporated under the laws of Jersey and owned by a settlement trust
for the benefit of himself and members of his family.
** The shares disposed of were registered in the name of Artistic AG. Mr
Hedlund's resultant interest in the Company's shares comprises 901,106 ordinary
shares in his own name, and 19,980,400 and 3,119,800 ordinary shares
respectively in the names of Artistic AG and Malios AG, companies incorporated
in Switzerland and under the ultimate control of the Hedlund family.
*** The shares disposed of were registered in his own name. Mr Hornung's
resultant interest in the Company's shares comprises 314,887 ordinary shares in
his own name and 172,557 ordinary shares in held by Mr Hornung's pension fund.
Enquiries:
International Greetings PLC 01707 630630
Mark Collini
Arden Partners Limited 0121 423 8960
Graeme Cull
End
December 21st, 2004
This information is provided by RNS
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