6 Apr 2016 16:02
6 April 2016
InterQuest Group plc
("InterQuest" or "the Company")
Exercise of options
InterQuest Group plc, the specialist recruiter in the technology, analytics and digital market, announces that it has issued 196,000 new ordinary shares pursuant to the valid notice of exercise of options under the Company's share option schemes. 173,500 options were exercised at an option price of 1 pence per share and 22,500 options were exercised at a price of 62 pence per share.
Application is being made for the 196,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 12 April 2016.
The new ordinary shares will rank pari passu with the existing shares of the Company. Pursuant to admission of the new ordinary shares, the total issued share capital of InterQuest will be 36,322,765 ordinary shares. The Company holds 2,000 ordinary shares in treasury which do not carry voting rights and therefore the total number of shares with voting rights in the Company is 36,320,765.
The above figure of 36,320,765 ordinary shares 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 InterQuest, under the Disclosure and Transparency Rules.
Enquiries:
InterQuest Group Plc
David Bygrave (CFO) Tel: +44 (0) 20 7025 0100
Panmure Gordon (UK) Limited (Nomad and Broker)
Karri Vuori or Dominic Morley
Tel: +44 (0) 20 7886 2500