20th Aug 2008 07:00
Hampson Industries PLC
Additional Listing - LTIP
August 20 2008
Hampson Industries PLC ('Hampson' or 'the Group') announces that an application has been made to the UK Listing Authority for admission to the Official List and to the London Stock Exchange for admission to trading ("Admission") of 365,120 ordinary shares of 25p each ('Shares'). Upon issue, the new Shares will rank pari passu with the existing ordinary shares in issue.
The Shares have been issued pursuant to the vesting of certain awards made under the Long Term Incentive Plan ("LTIP"), approved by shareholders at the Annual General Meeting on 30 August 2005. The Shares have been allotted and issued to the Trustees of the LTIP, who will facilitate future distributions to beneficiaries of the LTIP. According to the rules of the LTIP the Trustee may acquire shares either by market purchases of existing Shares, or by subscription from the Company of new Shares.
Admission of the new Shares is expected on 26 August 2008.
Following admission Hampson Industries PLC's capital consists of 158,614,996 ordinary shares with voting rights. No ordinary shares are held in Treasury. Therefore, the total number of voting rights in the Company is 158,614,996. This figure 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, Hampson Industries PLC under the FSA's Disclosure and Transparency Rules.
For further information:
|
Kim Ward, Chief Executive |
+44 (0)1384 472941 |
|
Howard Kimberley, Finance Director |
+44 (0)1384 472946 |
|
Jonathan Gollins/Marylene Guernier, M:Communications |
+44 (0)207 153 1269 |
|
James Steel / Ben Wells, Arbuthnot Securities |
+44 (0)207 012 2000 |
About Hampson:
Hampson Industries' ('the Group') operations are structured into three business segments, serving primarily the global commercial and military aerospace and specialist engineering markets from manufacturing facilities in the UK, North America and India.
Approximately 95% of the Group's sales are derived from its aerospace activities, the balance from the market for automotive turbocharger components.
In June 2008, the Group completed the acquisitions of Odyssey Industries, Inc. and Global Tooling Systems, Inc. for a total consideration of up to USD314 million, partly financed through a £65 million placing and open offer.
The Group now employs over 2,400 people.
The company is listed on the main market of the London Stock Exchange (Symbol: HAMP).
For more information on Hampson: www.hampsongroup.com
Related Shares:
HAMP.L