22 Feb 2013 15:39
Finsbury Food Group plc (the "Company")
Block Listing Application
The Company announces that an application has been made to the London Stock Exchange for a block listing of securities in respect of 1,055,858 ordinary shares of 1 pence each (the "New Ordinary Shares") to be admitted to AIM. These New Ordinary Shares will be issued from time to time pursuant to the exercise of options under the Company's SAYE Share Save Scheme, which was introduced in January 2008.
New Ordinary Shares issued under the block listing will rank pari passu in all respects with the existing ordinary shares of the Company. It is expected that admission will become effective on 26 February 2013.
As at today there are 63,936,556 ordinary shares in issue. No shares are held in treasury and so the total number of current voting rights is therefore 63,936,556. The Company will notify on a monthly basis when there are changes to the issued share capital, 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.
22 February 2013
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.