Latest RNS -- query25 May 2018 10:08
Apologises i'm a newbie and want to know what the latest RNS means:
Application for Block Listing
Futura Medical plc (AIM: FUM), the innovative healthcare company focused on advanced transdermal technology today announces that an application has been made to the London Stock Exchange to extend its block listings of securities by a total of 1,190,000 ordinary shares of 0.2 pence each (the "New Ordinary Shares") which may arise pursuant to the exercise of options under the Company's Unapproved Share Option Scheme and its EMI Share Option Scheme.
It is expected that admission will become effective on or around 30 May 2018 ("Admission"). Following Admission, the Company will notify its Schedule Six (block listing interim review) update for the period from 25 November 2017 to 30 May 2018.
Any New Ordinary Shares issued will be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company