15 Jul 2010 09:41
15th July 2010
InterQuest Group plc
("InterQuest" or "the Group")
Director Dealing and Issue of Equity
IT staffing specialist, InterQuest Group plc (AIM: ITQ.L) announces that on 14 July 2010, Gary Ashworth, Executive Chairman, exercised warrants to subscribe for 250,000 ordinary shares of 1 pence each ("Ordinary Shares") at a subscription price of 25 pence per Ordinary Share. Following this exercise Gary Ashworth has a beneficial interest in 12,622,912 Ordinary Shares.
Pursuant to the exercise of warrants application will be made to the London Stock Exchange for 250,000 Ordinary Shares in the Company to be admitted to trading on AIM.
It is anticipated that these shares will be admitted to trading on AIM on 22 July 2010.
The total number of voting Ordinary Shares in issue following this exercise of warrants will be 31,404,076.
Gary Ashworth retains an interest in warrants to subscribe for a further 480,000 Ordinary Shares at a subscription price of 25 pence per Ordinary Share. These warrants expire on 10 December 2010.
For further information please contact:
| InterQuest Group plc | Cenkos Securities plc | Threadneedle Communications |
| 020 7025 0100 | 020 7397 8900 | 020 7653 9850 |
| Gary Ashworth, Executive Chairman | Ivonne Cantu | Caroline Evans-Jones |
| Michael Joyce, Finance Director | Camilla Hume | Fiona Conroy |
About InterQuest
The InterQuest Group is a specialist IT recruitment group providing contract and permanent recruitment services within niche disciplines in the UK and Europe. The Group comprises eleven separately branded specialist divisions covering a broad range of skill sets and industries including Public Sector, SAP, Oracle, CRM Testing, Banking, Insurance, Retailing, Pharmaceuticals, Media, Analytics, Infrastructure and Communications plus majority shareholdings in five further specialist businesses in the IQ Equity division. For further information please visit www.interquestgroup.com