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Share Incentive Plan

26 Jun 2012 09:17

RNS Number : 1394G
Energy Assets Group plc
26 June 2012
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For immediate release 26 June 2012

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Energy Assets Group plc

(the "Company")

Energy Assets Group plc (LSE: EAS.L) today announces that it has issued 103,224 Ordinary Shares at nominal value of Β£0.01 to Abacus Trustees (UK) Limited, as trustee for the Company's all-employee Share Incentive Plan. The shares were issued in connection with the grant of free share awards, as disclosed in the Company's IPO prospectus, and must be held in trust for a minimum of three years.

The new Ordinary Shares represent approximately 0.4% of the Company's existing issued share capital and will rank pari passu with the existing Ordinary Shares of the Company.

Application has been made to the UK Listing Authority and the London Stock Exchange for these shares to be admitted to the Official List (premium listing segment) and to trading on the London Stock Exchange. Admission is expected to occur around 29 June 2012.

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For further information visit www.energyassets.co.uk or contact:

Energy Assets Group plcΒ 

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Phil Bellamy-Lee / John McMorrow

Tel: +44 (0)1506 405 405

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Buchanan

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Richard Darby / Catherine Breen / Diane Stewart / Carrie Clement

Tel: +44 (0)20 7466 5000

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Canaccord Genuity Limited

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Mark Dickenson / Piers Coombs / Adam Miller

Tel: +44 (0)20 7523 8350

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Macquarie Capital (Europe) Limited

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Steve Baldwin / Dan Iacopetti

Tel: +44 (0)20 3037 2000

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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