Last checked at 22 Oct 2019 17:02
CLARKSON PLC
("the Company")
22 October 2019
Block listing application
The Company announces that an application has been made to the Financial Conduct Authority and the London Stock Exchange for the block listing of 50,131 Ordinary Shares of 25p each (the "Shares") to trade on the London Stock Exchange and to be admitted to the Official List.
The shares will be issued from time to time pursuant to the exercise of options under the Clarkson PLC ShareSave Plan. On exercise, the Shares will rank pari passu in all respects with the existing issued ordinary shares of the Company.
It is expected that admission of the new Shares will be effective on 25 October 2019.
For further details please contact:
Company enquiries:
Rachel Spencer
Company Secretary
Tel: +44(0)20 7334 3476
Camarco:
Billy Clegg
Jennifer Renwick
Tel: +44(0)20 3757 4983 / 4994
About Clarkson PLC
Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.
Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors.
The Company has delivered 16 years of consecutive dividend growth. The highly cash generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on the upturn in its markets.
Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.
For more information, visit www.clarksons.com.