FFA Ffastfill

TIDMFFA

RNS Number : 8924X

FFastFill PLC

22 February 2012

22 February 2012

FFastFill plc

("FFastFill" or the "Company")

Director's Dealing and Issue of Equity

FFastFill plc (LSE: FFA), the leading provider of Software as a Service ("SaaS") to the global derivatives community, announces that Hamish Purdey, Chief Executive Officer of the Company, on 22 February 2012 exercised 150,000 share options over ordinary shares in the Company of 1p each (the "Ordinary Shares") at an exercise price of 4p (the "Exercised Options").

The options were initially granted in 2002 and were due to expire on 31 March 2012. Mr Purdey sold the Exercised Options at a price of 10.75p per Ordinary Share on 22 February 2012 and simultaneously acquired 150,000 Ordinary Shares through his Self Invested Personal Pension at a price of 10.75p per Ordinary Share. Following these transactions, Mr Purdey has increased his holding to a total of 473,540 Ordinary Shares, representing approximately 0.1% of the issued share capital.

Following the exercise of these options, an application has been made for the admission of 150,000 new ordinary shares of 1p each ("New Ordinary Shares") to trading on AIM. It is expected that dealings in these New Ordinary Shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, will commence on 27 February 2012.

Following the issue of the New Ordinary Shares, the issued share capital will comprise of 471,921,572 ordinary shares.

For further information please contact:

 
                                     +44 (0)20 3002 
 FFastFill plc                        1900 
 Keith Todd CBE, Executive 
  Chairman 
 Hamish Purdey, Chief Executive 
  Officer 
 Mark Carlisle, Chief Financial 
  Officer 
 
                                     +44 (0)20 7831 
 FTI Consulting                       3113 
 James Melville-Ross / Matt 
  Dixon / Emma Appleton 
 
                                     +44 (0)20 7050 
 Canaccord Genuity Limited            6500 
 Simon Bridges / Cameron Duncan 
 
                                     +44 (0)20 7600 
 Finncap                              1658 
 Tom Jenkins / Charles Cunningham 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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