Shareholder Notification
18 9월 2003 - 1:07AM
UK Regulatory
RNS Number:8799P
Angus & Ross PLC
17 September 2003
ANGUS & ROSS PLC
("Angus & Ross" or "the Company")
17th September 2003
The company's former managing director, Dr Robert Young, has on 17th September
2003 sold 1,000,000 shares (2.4% of the issued share capital) in the Company at
a price of 6p per share.
In order to allow this transaction to take place, the company's Chairman, Mr
Robin Andrews and the company's operations director Mr Christopher Parry have
released Dr Young from the terms of option agreements dated 11 June 2002 which
allowed:
(a) Mr Andrews to purchase up to 1,000,000 of the shares held by Dr
Young at any time during the 1 year period commencing on the date of
publication of the Company's interim results for the half-year to 31
August 2002 at an exercise price of #0.16 per share; and
(b) Mr Andrews and Mr Parry to each purchase up to 500,000 of the shares
held by Dr Young at any time during the 2 year period commencing on the
date of publication of the Company's interim results for the half-year
to 31st August 2002 at an exercise price of #0.22 per share.
Following the share sale referred to above, Dr Young holds a total of 1,825,000
shares in the company, representing 4.3% of its issued share capital.
For further information, please contact:
Robin Andrews
Chairman
Angus & Ross PLC
01751 430 988
robin_andrews@angusandross.com
This information is provided by RNS
The company news service from the London Stock Exchange
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