Last checked at 31 Jul 2014 17:48
RNS Number : 9578N
Zytronic PLC
31 July 2014
Zytronic plc (the "Company")
Block Listing Interim Review
Pursuant to AIM Rule 29 and Schedule 6 of the AIM Rules for Companies, Zytronic plc makes the following update on its block listing:
Date: 31 July 2014
Name of applicant: | ZYTRONIC PLC | |||
Name of schemes: | (1) Enterprise Management Incentive ("EMI") Scheme 2005(a), 2006, 2008, 2010, 2010 parallel, 2011 and 2012 (2) Unapproved Executive ("UE") Scheme 2008(a), 2011 (3) Incentive Award Plan ("IAP") 2014 (4) Total Figures for all schemes relate to ordinary shares of 1.0p each ("Ordinary Shares") | |||
Period of return: | From: | 1 February 2014 | To: | 31 July 2014 |
Number of securities not issued under the schemes (from previous return 31 January 2014): | (1) 482,405 (2) 42,700 (3) n/a (4) 525,105 | |||
Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): | (1) Nil (2) Nil (3) 525,000 (b) (4) 525,000 | |||
Less: Number of securities issued/allotted under the schemes during the period: | (1) 117,332 (2) 22,700 (3) Nil (4) 140,032 | |||
Less: Number of options over securities which have now lapsed: | (1) 10,000 (c) (2) Nil (3) Nil (4) 10,000 | |||
Equals: Balance under schemes not yet issued/allotted at end of period: | (1) 355,073 (2) 20,000 (3) 525,000 (b) (4) 900,073 | |||
Number and class of securities originally admitted | (1 & 2) Two blocks of561,215(d) and364,623(e) (3) 525,000(b) 1,450,838 (Ordinary Shares) |
Dates of admission | (1 & 2) 02/02/11(d) and18/02/13(e) (3) Expected 06/08/14 |
Name of contact: | C Smith |
Telephone number of contact: | 0191 414 5511 |
Notes:
(a) All options issued under the 2005 EMI Scheme and the 2008 UE Scheme have now been exercised, there are no Ordinary Shares under these schemes that are not yet issued/allotted at the end of the period and these schemes will therefore not feature in future six-monthly returns.
(b) Additional Ordinary Shares to cover share option awards under the 2014 IAP, in respect of which a block listing application has been made and notified earlier today, with admission expected on 6 August 2014.
(c) Under the 2006 EMI Scheme.
(d) This block admission relates to the potential issue of 561,215 Ordinary Shares under the 2008 UE Scheme, the 2004, 2005, 2006, 2008, 2009 and 2010 EMI Schemes and the 2008 Sharesave Scheme (the latter and the 2004 EMI Scheme had no outstanding options at the start of the review period above).
(e) This block admission relates to the potential issue of 364,623 Ordinary Shares under the 2011 UE Scheme and the 2010 parallel, 2011 and 2012 EMI Schemes.