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Issue of equity to satisfy share awards

4 Mar 2024 09:05

RNS Number : 4424F
Aston Martin Lagonda Glob.Hldgs PLC
04 March 2024
 

4 March 2024

 

Aston Martin Lagonda Global Holdings plc

 

Issue of equity to satisfy share awards

Aston Martin Lagonda Global Holdings plc (the "Company") today announces that applications have been made to the Financial Conduct Authority (the "FCA") and London Stock Exchange plc (the "London Stock Exchange") for a total of 78,050  ordinary shares of £0.10 each to be admitted to the Official List of the FCA and to trading on the London Stock Exchange's main market for listed securities ("Admission") to satisfy the vesting of the 2021 Long Term Incentive plan and a buy-out award.

It is expected that Admission will take effect at 8.00 a.m. on 6 March 2024.  The new ordinary shares will be held by the Employee Benefit Trust until employees exercise the awards. Following the allotment and issue, the Company's issued share capital will consist of 823,741,835 ordinary shares. The Company does not hold any shares in Treasury. As such the total number of shares in issue with voting rights is 823,741,835.

 

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