TradeLabs Plc
LSE : TLAP

October 08, 2009 06:05 ET

Exercise of Options

                                                                                                      
                                                                                            08/10/2009
                                                                                          JE00B3FMYW12
                                                   
                                             TradeLabs PLC
                                                   
                                    ("TradeLabs" or the "Company")

                                          Exercise of Options
                                                   
The Board of Directors of TradeLabs, the PLUS-quoted algorithmic trading company, announces that Niraj
Goel,  Chief  Executive  Officer,  has  today exercised options over  14,006,000  ordinary  shares  in
TradeLabs  at a price of GBP 0.03 per share. As a result of this transaction the Company has  received
GBP 420,180.

Following  this  exercise  Niraj  Goel's  holding  has  increased  to  179,174,612  Ordinary   Shares,
representing 79.54% of the issued share capital.

The  total number of Ordinary Shares held by the Directors stands at 179,241,279 (79.57% of the issued
share capital).  The total number of shares in issue now stands at 225,262,861 Ordinary Shares.

The Directors of TradeLabs are responsible for the contents of this announcement.

Contacts

TradeLabs Plc
Marcus Yeoman                                        +44 (0) 7970 028442
                                                   
Investor Relations
Claire Hocken                                        +65 8135 1831

St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl                           +44 (0) 207 368 6959


Contact Information

  • TradeLabs Plc