14th Jan 2009 17:13
CareTech Holdings plc (the 'Company')
14 January 2009
Block listing application
The Company announces that it has made a block listing application for 824,262 ordinary shares of 0.5p each in the Company ('Ordinary Shares'). The block listing relates to the following:
582,463 Ordinary Shares in connection with the CareTech Holdings 2005 Approved Executive Share Option Scheme;
8,220 Ordinary Shares in connection with the CareTech Holdings 2005 Unapproved Executive Share Option Scheme; and
233,579 Ordinary Shares in connection with the CareTech Holdings 2005 Sharesave Scheme.
Application has been made for the admission of the new Ordinary Shares to trading on the AIM market of the London Stock Exchange on 20 January 2009.
Included within this block listing application are 89,698 allotted shares, details as follows:
6,874 Ordinary Shares allotted to Stewart Wallace, Corporate Development Director on 16 December 2008 (announced on 12 January 2009) under the CareTech Holdings 2005 Sharesave Scheme;
25,089 Ordinary Shares allotted to members of staff on 16 December 2008 under the CareTech Holdings 2005 Sharesave Scheme;
6,874 Shares allotted to members of staff earlier today under the CareTech Holdings 2005 Sharesave Scheme; and
50,861 Ordinary Shares allotted to members of staff earlier today under the CareTech Holdings 2005 Approved Executive Share Option Scheme.
Following these allotments, the balance under the schemes of securities not yet issued totals 734,564, as follows:
CareTech Holdings 2005 Approved Executive Share Option Scheme - 531,602;
CareTech Holdings 2005 Unapproved Executive Share Option Scheme - 8,220; and
CareTech Holdings 2005 Sharesave Scheme - 194,742.
Included within the balance of securities not yet issued are a total of 323,997 shares representing options under the schemes that are yet to reach maturity and become available for allotment, detailed as follows:
CareTech Holdings 2005 Approved Executive Share Option Scheme - 223,407;
CareTech Holdings 2005 Unapproved Executive Share Option Scheme - 8,220; and
CareTech Holdings 2005 Sharesave Scheme - 92,370.
For further information, please contact:
CareTech Holdings PLC 01707 652 053
Farouq Sheikh, Executive Chairman
Brewin Dolphin Investment Banking 0845 270 8600
Matt Davis / Sean Wyndham-Quin
ENDS
Related Shares:
CTH.L