7 Feb 2019 07:00
7 February 2019
Earthport plc
("Earthport" or "the Company")
Block Listing Admission
Earthport announces that an application has been made to the London Stock Exchange for a block listing admission of 20,000,000 ordinary shares of 10 pence each (the "New Ordinary Shares") to be admitted to trading on AIM in connection with the Company's share incentive schemes ("Schemes") as outlined below:
Incentive Scheme | No of New Ordinary Shares |
2008 Employee Incentive Plan | 5,000 |
2011 Employee Incentive Plan | 5,000,000 |
2013 Long Term Incentive Plan | 7,000,000 |
2016 Long Term Incentive Plan | 500,000 |
Joint Share Ownership Plan | 2,000,000 |
Director share options | 5,495,000 |
These New Ordinary Shares may be issued pursuant to the exercise of existing options by persons participating in the Schemes.
When issued, the New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company. Admission of the New Ordinary Shares is expected to take place on 8 February 2019.
The total number of ordinary shares of 10 pence each in the Company as at the date of this announcement is 623,500,354. There are currently nil shares held in treasury. The total number of voting rights in the Company is therefore 623,500,354. This figure 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 Disclosure Guidance and Transparency Rules. The Company will notify on a monthly basis when there are changes to the issued share capital of the Company, and these monthly figures may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
For further information, please contact:
Earthport Plc 020 7220 9700
Amanda Mesler, Chief Executive Officer
Alexander Filshie, Chief Financial Officer
Newgate 020 7653 9840
Bob Huxford / Ian Silvera / Imogen Humphreys
N+1 Singer (Nomad & Joint Broker) 020 7496 3000
Mark Taylor / James White
Shore Capital (Joint Broker) 020 7408 4090
Toby Gibbs / Stephane Auton