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Issue of Equity

10 Sep 2018 15:17

RNS Number : 3154A
discoverIE Group plc
10 September 2018
 

10 September 2018

 

discoverIE Group plc

 

EXERCISE OF SHARE OPTIONS

 

discoverIE Group plc (LSE:DSCV, the "Company") announces that application has been made to the UK Listing Authority and the London Stock Exchange for a listing and admission of 23,653 ordinary shares of 5 pence each in the Company ("Shares"). These new Shares are being issued and allotted pursuant to the exercise of options under the Company's 2008 Renewed Long Term Incentive Plan and will rank equally with the existing issued ordinary shares.

 

Following Admission, which is expected to take place on 14 September 2018, the total number of Shares in issue and voting rights in the Company will be 73,358,847 Shares. There are no Shares held in treasury.

 

The above figure (73,358,847) 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 Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

For further information please contact:

 

discoverIE Group plc

 

Joanna Harkus Madge:

Group Company Secretary

01483 544500

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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