Kent ups Aspermont holding

Tuesday, 11 July, 2006 - 22:00
PERTH-BASED print publisher Aspermont Ltd executive director and executive chairman Andrew Kent has bought 50 million shares and four million share options (at an exercise price of 10 cents) worth $1 million issued from the conversion of a loan note on June 30 2006. The share options expire on June 30 2007. Mr Kent now holds 110.2 million shares and 13 million options, which includes nine million share options at an exercise price of 22.5 cents expiring on June 30 2010. Following the acquisition, the company now has 182.6 million shares on issue and has a market capitalisation of $29.2 million.