Additional Listing
29 Marzo 2007 - 10:00AM
UK Regulatory
RNS Number:9349T
SectorGuard PLC
29 March 2007
SectorGuard Plc (the "Company")
Grant of Options, Additional listing and Total Issued Share Capital
SectorGuard plc, the AIM listed total security solutions group, announces that,
amongst the grants of options to subscribe for ordinary shares made to
employees on 28 March 2007, it granted options to the Directors as follows:
Director No. of Options
David Marks 5,333,333
James McLeod 266,666
Robert Weigl 266,666
The exercise price of all the options is 3.75p per share.
Further to the announcement made on 15 March 2005 concerning the acquisition of
the entire issued share capital of SectorAlarm Limited ("SectorAlarm"), the
Company announces that additional consideration is payable to the vendors of
SectorAlarm based on the profits of SectorAlarm, being its income generated less
all direct costs, in respect of the 12 month period from 1 February 2006 to 31
January 2007.
The total consideration due is #323,044 of which #161,522 is to be paid in cash
and the balance to be settled by the issue of 4,050,708 new ordinary shares in
the Company.
Application will be made for admission of the consideration shares to trading on
AIM and it is expected that dealings in such shares will commence on AIM at 8
a.m. on 3 April 2007.
Following the issue of the shares referred to above, the total number of shares
in SectorGuard plc in issue as at the date of this notice is 315,759,004.
The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, SectorGuard plc under the
Disclosure and Transparency Rules.
Enquiries
Seymour Pierce Limited 020 7107 8000
Sarah Wharry
This information is provided by RNS
The company news service from the London Stock Exchange
END
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