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Issue of equity
The Company announces it has issued 18,300 ordinary shares in the Company following an exercise of warrants. Following the issue of shares, the Company has 66,064,113 ordinary shares in issue. Application has been made for the new shares to be admitted to trading on AIM and this is expected to take place on 5 February 2008.
In terms of certain employment contracts entered into with employees the Company today issued the following options to staff:
| No of Options |
Exercise price per ordinary share
|
First Exercise date |
Expiry date |
| 1,000,000 |
43 pence |
12 August 2008 |
12 August 2012 |
As a consequence of the issue of options referred to above, the Company now has the following options on issue:
| No of Options |
Exercise price per ordinary share
|
First Exercise date |
Expiry date |
| 2,883,250 |
25 pence |
10 October 2006 |
10 October 2010 |
| 3,719,222 |
35 pence |
17 October 2008 |
17 October 2012 |
| 1,000,000 |
43 pence |
12 August 2008 |
12 August 2012 |
Total number of options on issue is 7,602,472.
For further information please contact:
Simon McDonald (Neptune MD and CEO):
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Richard Hail (Fox Davies Capital Limited, Broker): T: +44 (0) 207 936 5200
Fiona Owen (Grant Thornton Corporate Finance, Nomad): T: +44 (0) 20 7383 5100
Rozanne Ichikowitz (Grant Thornton, Nomad) T: +61 (0)2 8297 2522
Sofia Rehman (Cardew Group, PR): T: +44 (0) 20 7930 0777
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