1 September 2016

Exercise of Share Options

The Board of Stilo International plc (“Stilo” or the “Company”) (LSE:STL), the AIM quoted software and cloud services company, announces that it has today received notification that Richard Alsept, Executive Director and Chief Financial Officer, has exercised 700,000 new ordinary shares of 1p each in the Company (“Ordinary Shares”) at an exercise price of 2.25 pence per share, generating cash proceeds to the Company of £15,750.

Application has been made for the 700,000 Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 7th September 2016.

Following their issue, Richard Alsept will hold a beneficial interest in 700,000 Ordinary Shares representing approximately 0.62% of the issued share capital of the Company.

The Ordinary Shares will rank pari passu with the existing shares of the Company.  Following allotment of the Ordinary Shares, the total issued share capital of the Company will be 113,108,470 ordinary shares.

For the purposes of the Financial Conduct Authority’s Disclosure and Transparency Rules (“DTRs”), the issued ordinary share capital of Stilo following this allotment will consist of 113,108,470 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury.  This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Stilo under the DTRs.


Stilo International plc
Les Burnham, Chief Executive
T +44 1793 441 444

SPARK Advisory Partners Limited (Nominated Adviser)
Neil Baldwin T +44 203 368 3554
Mark Brady  T +44 203 368 3551

SI Capital (Broker)
Andy Thacker
Nick Emerson
T +44 1483 413500