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Pin to quick picksTeam Internet Regulatory News (TIG)

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34.00    0.00 (0.00%)
Bid:
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Ask:
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Spread: 2.00 (6.061%)
Market Cap: £85.05m
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Additional Listing

28 Nov 2013 07:00

RNS Number : 1245U
Innovation Group PLC
28 November 2013
 



28 November 2013

 

The Innovation Group plc('Innovation Group')

Blocklisting application

 

The Innovation Group plc announces that application has been made to the London Stock Exchange and the UKLA for the blocklisting of 12,000,000 ordinary shares of 2p each ("New Ordinary Shares").

 

The New Ordinary Shares will be issued from time to time pursuant to the exercise of employee share options under the Performance Share Plan, the Recruitment Plan and the Retention Plan.

 

On exercise these shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares in issue. It is expected that the blocklisting will become effective on 3 December 2013.

 

Enquiries:

 

James Liddiard

Company Secretary

Tel: 01489 898300

 

 

About The Innovation Group plc:

Innovation Group (LSE: TIG) is a global provider of insurance software solutions and business process services. With revenues of £193m (US$ 302m) in 2012, it employs over 2,400 people across North America, Europe, Asia Pacific and South Africa and works with 15 of the top 20 global insurance markets, 16 of the top 20 global insurance companies and 3 of the world's top 5 fleet and lease management companies.

 

www.innovation-group.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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