16 Nov 2012 15:04
Finsbury Food Group plc
Additional Listing
Finsbury Food Group plc (AIM: FIF), a leading manufacturer of cake, bread and gluten free bakery goods, announces that it received notification to exercise options to acquire 56,600 ordinary shares (the "Option Shares").
Application has been made for the Option Shares, which will rank pari passu with the Company's existing ordinary shares in issue, to be admitted to trading on AIM ("Admission"). It is expected that Admission will be effective and that dealings in the Option Shares will commence on or around 22 November 2012.
16 November 2012
For further information: | |
Finsbury Food Group plc |
www.finsburyfoods.co.uk |
John Duffy (Chief Executive) | 029 20 357 500 |
Stephen Boyd (Finance Director) | |
Cenkos Securities plc |
020 7397 8900 |
Bobbie Hilliam (Corporate Finance) | |
Alex Aylen (Sales) | |
Redleaf Polhill |
finsbury@redleafpolhill.com |
Rebecca Sanders-Hewett/ Jenny Bahr | 020 7566 6720 |
Notes to Editors:
• Finsbury Food Group plc (AIM: FIF), is a leading manufacturer of premium and celebration cakes, low fat cake slices and artisan, organic and gluten free bread and morning goods.
• Finsbury Food Group is the second largest manufacturer of Ambient Packaged Cake (excluding In Store Bakery) in the UK, a market valued at £914m (Source: Kantar Worldpanel Total UK Coverage, 52 we 9th June 2012).
• The Group is also the market leader in the supply of gluten free baked goods to the UK's multiple grocers.
• The Group's strategy is to generate returns for shareholders by building a crafted bakery group focused on premium, celebration and well being that delivers for customers and consumers. Finsbury continues to develop its licensed brand portfolio to complement its core retailer brand relationships and improve its understanding of and response to changing consumer needs.
• Whilst the Company sees exciting organic growth opportunities in all its businesses and its short-term focus is on integrating and growing its existing businesses, the aim is to take advantage of the appropriate bolt on acquisitions to drive longer term value as opportunities and circumstance allow.