SECURITY RESEARCH GROUP PLC Security Research Group plc (the "Company") announces that on 24 March 2016 it issued and allotted 161,112 ordinary shares of 20p each in the Company following the exercise of options by Bernard Connor, a director of the Company, at an exercise price of 43p per share. The original share option price has been altered in accordance with the share option plan which provides for the alteration in the number and/or price of the share options under certain circumstances provided that the auditors confirm that the alterations are fair and reasonable. The three tender offers that have been made by the Company were qualifying circumstances.
Following the issue of new shares there are 19,809,060 ordinary shares in issue with each share carrying the right to one vote.
Following the issue there are no share options still outstanding.
Security Research Group plc issued this content on 24 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 March 2016 15:03:21 UTC
Original Document: http://www.srgroupplc.com/documents/2016 03 24 Exercise of Options.pdf
