28th Nov 2013 07:00
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
Related Shares:
Team Internet