26 Feb 2015 11:35
Date: | 26 February 2015 |
On behalf of: | Finsbury Food Group Plc ('Finsbury', 'the Company' or 'the Group') |
Finsbury Food Group Plc
Block Listing Interim Review
Finsbury Food Group Plc (AIM: FIF), a leading manufacturer of cake and bread bakery goods, provides the following information in connection with its block admission pursuant to AIM Rule 29 and Schedule 6 of the AIM Rules:
(a) Name of the company Finsbury Food Group Plc
(b) Name of the Scheme The Finsbury Food Group Sharesave Plan ("the Scheme")
(c) Period of return (from/to) 26 February 2015 to 26 August 2015
(d) Number and class of securities not issued under the scheme 152,640 Ordinary Shares of 1p each
(e) Number of securities issued under the Scheme 702,037
(f) Number of securities cancelled, forfeited or lapsed 201,181
(g) Balance under the Scheme of securities not yet issued at the
end of the period 152,640
(h) Number and class of securities originally admitted and the 1,055,858 Ordinary Shares of 1p each on 26 February 2013
date of admission
(i) Contact name and telephone number Stephen Boyd, Finance Director. 02920 357 500
For further information:
Finsbury Food Group Plc www.finsburyfoods.co.uk
John Duffy (Chief Executive) 02920 357 500
Stephen Boyd (Finance Director)
Cenkos Securities plc
Bobbie Hilliam (Corporate Finance)
Jeremy Warner Allen (Sales)
Redleaf Polhill finsbury@redleafpr.com
Rebecca Sanders-Hewett 020 7382 4730
Jenny Bahr
Publication quality photographs are available via Redleaf Polhill on the numbers shown above
Notes to Editors:
· Finsbury Food Group Plc (AIM: FIF), is a leading manufacturer of cake, bread and bakery goods. Within its Cake business, the Group's focus is premium and celebration cakes plus low fat cake slices. Its Bread business manufactures artisan and organic bread and also 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 £939m (Source: Kantar Worldpanel Total UK Coverage, January 2014).
· 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.