Exercise of options and directors’ dealingsApril 30, 2013
FOR IMMEDIATE RELEASE 30 April 2013
GLOBO Plc (“GLOBO” or the “Company”)
Exercise of options and directors’ dealings
The Board of GLOBO Plc (LSE-AIM: GBO) announces that an application has been made for the admission of 2,520,000 new ordinary shares of 1 pence each (“New Ordinary Shares”) to trading on AIM. Admission is expected to take place on Friday 3 May 2013.
The new ordinary shares have been issued and allotted pursuant to the exercise of 2,520,000 options at an exercise price of 12.5 pence, and will rank equally in all respects with the existing issued share capital of the Company.
Three directors have exercised options and sold some of the resulting shares sufficient to cover the cost of exercise. The sale was completed yesterday and the shares were sold at an average price of 41.49 pence per share. Further details are as follows:
Number of options exercised
Number of shares sold
New shareholding in the Company
% of enlarged issued share capital after exercise:
Following admission of these new ordinary shares, the Company’s issued share capital will comprise 339,808,261 ordinary shares of 1 pence each.
Costis Papadimitrakopoulos, CEO
Dimitris Gryparis, Finance Director
RBC Capital Markets
(Nominated Adviser and Broker)
Stephen Foss / Pierre Schreuder / Daniel Conti