30 Mar 2020 16:02
30 March 2020
ARROW GLOBAL GROUP PLC (the "Company")
Issue of Shares to EBT
The Company announces that, following the admission of 4,000,000* ordinary shares of 1 pence each in the Company to trade on the Official List on the 17 February 2017, 420,000 ordinary shares were allotted on 27 March 2020 to the Trustee of the Arrow Global 2016 Employee Benefit Trust ("EBT") for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan and the Arrow Global Share Incentive Plan. The new ordinary shares will rank pari passu with the existing ordinary shares in the Company.
*As announced on 10 March 2017, the Company allotted 827,598 shares to the EBT on 9 March 2017 for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan. The Company also announced on 15 June 2018 that the Company had allotted 996,719 shares to the EBT on that date for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan. A further announcement was made on 10 April 2019 stating that the Company had allotted 594,901 shares to the EBT on that date for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan.
Total Voting Rights
Following the allotment of the 420,000 ordinary shares on 27 March 2020, the Company has a total of 177,278,244 ordinary shares of 1 pence each in issue each carrying one voting right. The Company does not hold any shares in Treasury. The number of 177,278,244 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure, Guidance and Transparency Rules.
The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure, Guidance and Transparency Rules.
Arrow Global Group PLC +44 (0)161 242 5861
Stewart Hamilton, Company Secretary