March 9, 2006 - Leadcom announces that 804,550 new ordinary shares of 0.001 NIS each (the 'New Ordinary Shares') have been issued and allotted following the exercise of options on 9 March 2006, at an exercise price of 0.001 NIS per New Ordinary Share, by certain directors of the Company.
Further details of these exercises are set out below:
Director Number of Shareholding* Shareholding as Options to
options a% of the subscribe
exercised company's for ordinary
issued share shares
capital*
Ari Alcalay 554,650 2,686,650 2.69% 3,354,650
Eytan Mucznik 249,900 605,200 0.61% 1,649,900
* following the issue of the New Ordinary Shares
Application has been made for the New Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange
Following the issue of the New Ordinary Shares the Company has 99,836,650 ordinary shares of 0.001 NIS each in issue.
Leadcom also announces that on 9 March 2006 Ari Alcalay, Eytan Mucznik, Moshe Shushan and Ran Benjamini, all directors of Leadcom, sold ordinary shares of 0.001 NIS each in the Company for 73p per
share. Details of these sales are set out below:
Director Number of Resultant Resultant shareholding
shares sold shareholding as a %of the company's
issued share capital
Ari Alcalay 1,350,000 1,336,650 1.34%
Eytan Mucznik 355,300 249,900 0.25%
Moshe Sushan 9,800,000 - -
Ran Benjamini 94,000 900,00 0.90%
The Company has also been notified by Eliyahu Shoshan, Gad Selok and Dov Slook, who are each deemed to be interested in 9,800,000 ordinary Leadcom shares and who collectively with Moshe Shushan were deemed to be controlling shareholders of the Company, that all such shares were sold on 9 March 2006 at a price of 73p per share. Following these transactions, none of Eliyahu Shoshan, Gad Selok or Dov Slook have an interest in the share capital of the Company.
In addition, the Company has been notified by Elgadcom Group Limited
('Elgadcom'), a company in which Moshe Shushan is a director and shareholder, that it disposed of 2,390,756 ordinary Leadcom shares on 9 March 2006 at a price of 73p per share. Following this transaction Elgadcom has no interest in the share capital of the Company.
The share sales mentioned above were part of a larger overall placing of 46,770,451 existing ordinary Leadcom shares, representing 46.8 per cent. of the issued share capital of the Company (following the issue of the New Ordinary Shares), by Altium Securities and Corporate Synergy, which was taken up by a broad range of existing and new investors.
Enquiries:
Eytan Mucznik - CFO
Tel: + 972-3-5576990
Ben Thorne – Altium
Tel: 020 7484 4076
Luke Ahern - Corporate Synergy
Tel: 020 7448 4430 |
