DDD Group Plc. (DDDGY: OTCQX International) | Dire
Post# of 28526
DDD Group plc (AIM: DDD, OTCQX: DDDGY, the “Company”
, the 3D solutions company, announces that on 12 April 2013 Paul Kristensen, Chairman of the Company, and Dr. Julien Flack, Chief Technology Officer (non-director) exercised their April 2008 share options in the Company as detailed below.
Paul Kristensen, Chairman of the Company, exercised options over 100,000 ordinary shares of 1p each in the Company (the “Ordinary Shares” at an exercise price of 10p per share (together the “Kristensen Option Exercise”. It is Mr. Kristensen’s intent to sell 50,000 shares to cover a portion of the exercise cost and taxation, and further details will be provided when complete. Following the Kristensen Option Exercise, Mr. Kristensen’s interest in the Company will stand at 505,204 Ordinary Shares or approximately 0.4% of the issued ordinary share capital and total voting rights in the Company.
Dr. Julien Flack, Chief Technology Officer of the Company, exercised options over 250,000 Ordinary Shares at an exercise price of 10p per share (together the “Flack Option Exercise”. Following the Flack Option Exercise, Dr. Flack’s interest in the Company stands at 355,843 Ordinary Shares or approximately 0.3% of the issued ordinary share capital and total voting rights in the Company. Dr. Flack is exercising the shares as a cashless exercise and plans to sell enough shares to cover the exercise cost. Further details will be provided when complete.
Both Mr. Kristensen’s and Dr. Flack’s shares are part of the block admission that was announced on 12 June 2012 and admitted to AIM on 18 June 2012.
Enquiries
DDD Group
Chris Yewdall, President & CEO
Victoria Stull, Chief Financial Officer +1 310 566-3340
Canaccord Genuity (UK Nomad)
Simon Bridges +44 (0) 207 523 8000
College Hill (UK IR)
Kay Larsen / Adrian Duffield +44 (0) 207 457 2020
Berns & Berns (US PAL)
Michael Berns, Esq. +1 212 332 3320
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