Last checked at 25 Aug 2015 14:34
25 August 2015
The Innovation Group plc
("Innovation Group" or the "Company")
Block Listing application
The Company announces that application has been made to the London Stock Exchange and the UKLA for the block listing of 2,900,000 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 Sharesave 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 block listing will become effective on 1 September 2015.
Enquiries:
Innovation Group plc
James Liddiard, Company Secretary
Tel: +44 (0) 1489 898300
About The Innovation Group:
Innovation Group (LSE: TIG) is a global provider of insurance software solutions and business process services. With revenues of £209.8m and adjusted PBT of £27.5m in 2014, it employs over 3,000 people across the UK, Europe, North America, Asia Pacific and South Africa and works with 15 of the top 20 global insurance markets, 75% of the top 20 global P&C insurance companies and 3 of the world's top 5 fleet and lease management companies.
www.innovation-group.com