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Block Listing Increase Application

17th Jan 2022 07:30

RNS Number : 5950Y
Clipper Logistics plc
17 January 2022
 

Clipper Logistics plc

("Company" or "Clipper")

 

 

Block Listing Increase Application

 

The Company announces that an application has been made for an increase to the Company's existing block listing for a total of 1,650,000 new ordinary shares of 0.05p each ("New Shares") to be admitted to listing on the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission").

 

The New Shares are to be block-listed under the following schemes:

 

Scheme Name

Number of New Shares

Clipper Logistics Performance Share Plan

184,683

Clipper Logistics Sharesave Plan

1,465,317

 

Admission is expected to become effective at 8.00am on 18th January 2022.

 

The New Shares, which will rank pari passu in all respects with the existing ordinary shares in issue, will be issued from time to time, pursuant to the exercise of options under Company share option schemes.

 

 

 

ENQUIRIES

 

Clipper:

+44 (0)113 204 2050

Steve Parkin, Executive Chairman

Tony Mannix, Chief Executive Officer

David Hodkin, Chief Financial Officer

 

Public Relations Advisers:

Buchanan:

+44 (0) 20 7466 5000

David Rydell

Stephanie Whitmore

 

 

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ALSSFDEDMEESEFF

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