Friday, 27th April 2018
Norish plc ("Norish" or the "Company") announces that Aidan Hughes, Finance Director, has exercised 110,000 share options which were issued under the Company’s Enterprise Management Incentive Scheme with an exercise price of £0.58 pence each. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 1 May 2018.
The new Ordinary Shares pursuant to the exercise of options will rank pari passu with the existing Norish Ordinary Shares. Following admission, Norish will have in issue 30,070,378 ordinary shares of €0.25 cent each (“Ordinary Shares”).
Following the admission, Aidan Hughes’ interest in the Company is 317,500 Ordinary Shares, representing approximately 1.1% of the Company’s issued Ordinary Shares.
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