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Tuesday 23 June, 2009

Intelligent Environ

Exercise of Options

RNS Number : 3036U
Intelligent Environments Group PLC
23 June 2009
 



IEN.L


Intelligent Environments Group PLC


('the Company')


Exercise of Options


Application has been made for the admission to trading on AIM of 2,235,000 ordinary shares of 1 pence each in the Company ('Ordinary Shares'). The Ordinary Shares have been issued pursuant to the exercise of share options by directors and employees of the company. As part of this process, Phillip Blundell, Chief Executive, has exercised 1,250,000 options at a price of 3.75p per share and Jerry Mulle, Sales and Marketing Director, has exercised 700,000 shares at a price of 3.75p. After the exercise of the options Phillip Blundell, will have 1,950,000 ordinary shares in the company and Jerry Mulle will have 750,000 ordinary shares.


Dealings are expected to commence on 29th June 2009. The Ordinary Shares will, on admission to AIM, rank pari passu with and will be identical in all respects to, the existing Ordinary Shares of the Company.


Following the exercise of options above, the enlarged issued share capital of the Company now consists of 166,817,365 Ordinary Shares.


Enquiries:


Phillip Blundell, Chief Executive

Intelligent Environments Group plc

Tel: 020 8614 9800

FinnCap

Charles Cunningham, NOMAD and Broker 


Tel: 020 7600 1658

Biddicks

Shane Dolan   

Tel: 020 7448 1000







This information is provided by RNS
The company news service from the London Stock Exchange
 
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