Plethora Solutions – Issue of Equity – Directors' Interest

15 June 2012

Plethora Solutions Holdings PLC

("Plethora" or the "Company")

Issue of Equity - Directors' Interest

Plethora Solutions Holdings plc (AIM: PLE), the UK-based speciality pharmaceutical company, announces that it has made the following share issues.

First (OTC BB: FSTC.OB - news) , 140,000 shares have been issued to the pension fund of Ronald Openshaw, CEO, Plethora Solutions (LSE: PLE.L - news) , at 5p per share to satisfy liabilities up to 31 May 2012. Following this issue Mr Openshaw has a beneficial interest in 416,669 shares representing approximately 0.2% of the enlarged issued share capital of the Company.

The Company and Mr Openshaw have agreed that on an ongoing basis it will satisfy his pension contributions on a quarterly basis through the issue of new ordinary shares issued at the closing mid-market price on the day before issue. Further issues will be made as soon as practicable following the end of each calendar quarter. The next issue will be made following the end of the September quarter. This arrangement will remain in place for a minimum of 12 months and may be terminated, thereafter, by either party following not less 3 months notice and provided that the Company is not in a Close Period as defined by the AIM Rules.

Second, 384,000 new shares have been issued to Richard Horsman, non-executive director, in satisfaction of director's fees accrued to him. Following this issue Mr Horsman has a beneficial interest in 1,077,000 shares representing approximately 0.5% of the enlarged issued share capital of the Company.

Finally, the Company has issued 660,000 shares to a professional adviser in satisfaction of part of its fees.

Application will be made for the 1,184,000 new shares issued to be admitted to trading on AIM ("Admission"). It is expected that Admission will be effective and trading will commence at 8:00am on 19 June 2012.

Originally posted here:
Plethora Solutions - Issue of Equity - Directors' Interest