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Block Listing Increase Application

20 Feb 2023 13:00

RNS Number : 4683Q
Lookers PLC
20 February 2023
 

 

Lookers plc

(the "Company")

 

Block Listing Increase Application

 

The Company announces that an application has been made to increase the Company's existing block listing for a total of 2,010,000 new ordinary shares of 5p each ("New Shares") to be admitted to listing on the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission").

 

The New Shares are to be block-listed under the following schemes:

 

Scheme Name

Number of New Shares

The Lookers plc Long-Term Incentive Plan

10,000

 

The Lookers plc SAYE Scheme

2,000,000

 

Admission is expected to become effective at 8.00am on 23 February 2023.

 

The shares block-listed in respect of the Lookers plc SAYE Scheme will take the total shares listed for that Scheme to 4,593,654, which we expect to allot in relation to the 2020 SAYE options that can be exercised from 1 March 2023.

 

The New Shares, which will rank pari passu in all respects with the existing ordinary shares in issue, will be issued from time to time, pursuant to the exercise of options under the Lookers plc Long-Term Incentive Plan and the Lookers plc SAYE Scheme.

 

 

Enquiries:

Katie Lewis

Deputy Company Secretary

07960858932

The Company is registered in England at Lookers House, 3 Etchells Road, West Timperley, Altrincham WA14 5XS. Company registration number 00111876. LEI number 213800TSB8PJEACDAV33

 

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