7 Mar 2018 10:05
7 March 2018
LEI: 213800JQLWHE8NQYXX31
Aldermore Group PLC (the "Company")
BLOCK LISTING APPLICATION
Application has been made for the admission of 3,207,099 ordinary shares of 10p each in the Company (the "Shares"') to the Official List of the UK Listing Authority and to trading on the London Stock Exchange. The Shares are being reserved under a block listing and may be issued pursuant to the vesting of awards made under the following employee share schemes:
SCHEME NAME | SHARES |
Aldermore Group PLC Performance Share Plan | 2,105,991 |
Aldermore Group PLC Restricted Share Plan | 344,595 |
Aldermore Group PLC Deferred Share Plan | 648,805 |
Aldermore Group PLC Sharesave Plan | 107,708 |
The Company previously announced that a Court Hearing would be held on 12 March 2018 to sanction the Scheme by which the recommended cash offer for the Company by FirstRand International Limited is being implemented. Subject to the Scheme being sanctioned, the Awards will vest on this date.
On issue, the Shares will be fully paid and will rank pari passu in all respects with the Company's existing issued ordinary shares. It is expected that admission of the Shares will be effective on 9 March 2018.
For further information contact:
Rachel Fletcher
Deputy Company Secretary
+44 (0)20 3553 4269
Martin Adams
Director of Investor Relations
+44 (0)20 8185 3108
Holly Marshall
Director of Corporate Affairs
+44 (0)7557 391682
IMPORTANT NOTICES
Disclosure requirements of the Takeover Code (the "Code")
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.
If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.
Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).
Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at http://www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Takeover Panel's Market Surveillance Unit on +44 (0)20 7638 0129.
Publication on Website
A copy of this announcement will be made available subject to certain restrictions relating to persons resident in restricted jurisdictions on Aldermore's and FirstRand Limited's websites (http://www.investors.aldermore.co.uk and http://www.firstrand.za/InvestorCentre respectively) by no later than 12 noon (London time) on 8 March 2018. For the avoidance of doubt, the contents of those websites are not incorporated and do not form part of this announcement.