Last checked at 26 Jul 2021 16:07
26 July 2021
Gear4music (Holdings) plc
Exercise of Options and Total Voting Rights
Gear4music (Holdings) plc, ("Gear4music" or "the Group") (LSE: G4M), the largest UK based online retailer of musical instruments and music equipment, today announces that 5,312 ordinary shares of 10 pence each ("Ordinary Shares"), will be issued pursuant to the exercise of options by employees under the Company's 2018 CSOP Scheme.
Application has been made to the London Stock Exchange for the 5,312 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 8.00 a.m. on 30 July 2021.
Following Admission, the total number of Ordinary Shares in issue will be 20,955,488. 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.
ENDS
Enquiries:
Gear4music Andrew Wass, Chief Executive Officer Chris Scott, Chief Financial Officer | +44 (0)20 3405 0205 |
Singer Capital Markets - Nominated Adviser and Joint Broker Peter Steel/Amanda Gray, Corporate Finance Tom Salvesen, Corporate Broking | +44 (0)20 7496 3000
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Investec Bank plc - Joint Broker David Flin Alex Wright Harry Hargreaves | +44 (0)20 7597 5970
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Alma PR - Financial PR Harriet Jackson Josh Royston Faye Calow | +44 (0)20 3405 0205 Gear4Music@almapr.co.uk
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About Gear4music (Holdings) plc
Operating from a Head Office in York, and Distribution Centres and showrooms in York, Sweden and Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and, more recently, into the Rest of the World.
Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.