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Block Listing Application to AIM

8th Dec 2023 07:00

RNS Number : 1043W
Gresham House PLC
08 December 2023
 

8 December 2023

 

 

Gresham House PLC

 

("Gresham House" or the "Company")

 

Block Listing Application to AIM

 

As announced on 23 November 2023, the scheme of arrangement published on 4 August 2023 to implement the acquisition of Gresham House by Seed Bidco Limited pursuant to Part 26 of the Companies Act 2006 ("Scheme"), is anticipated to become effective on 19 December 2023. Capitalised terms used but not otherwise defined in this announcement shall have the meaning given to them in the Scheme Document.

 

Gresham House announces that an application has been made to AIM for a block listing of 4,157,529 new ordinary shares of £0.25 each in the Company (the "New Gresham House Shares") for the purposes of satisfying the future vesting and exercise of awards up to a maximum of 4,157,529 New Gresham House Shares granted pursuant to certain Gresham House employee share plans which would vest upon the sanction of the Scheme by the Court or as a consequence of the Scheme becoming Effective.

 

When issued, the New Gresham House Shares will rank pari passu in all respects with Gresham House's existing ordinary shares of £0.25 each.

 

Admission of the block listing is expected to take place on 13 December 2023.

 

-Ends-

 

 

For more information contact:  

Gresham House plc  

Kevin Acton, Chief Financial Officer

 

+44 (0)20 3837 6270

Houston - media and analysts  

Kay Larsen

Alex Clelland

Kelsey Traynor

 

+44 (0)20 4529 0549 

Canaccord Genuity Limited - Nominated Adviser and Joint Broker  

Bobbie Hilliam

Harry Pardoe

 

+44 (0)20 7523 8000

 

Jefferies International Limited - Joint Broker and Financial Adviser 

Paul Nicholls

James Umbers

 

+44 (0)20 7029 8000

 

 

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