5th Sep 2014 07:34
REDDE PLC - Blocklisting ApplicationREDDE PLC - Blocklisting Application
PR Newswire
London, September 5
5th September 2014 Redde plc ("Company" or "Redde") Block Listing Application The Company announces that an application has been made to the London StockExchange for the block admission of 6,634,700 ordinary shares of 0.1 pence each("New Ordinary Shares") to trading on AIM. The New Ordinary Shares are expectedto be admitted to trading on AIM on 9th September 2014 ("Admission"). The New Ordinary Shares will be issued from time to time pursuant to theexercise of options under Redde's 2013 Executive Incentive Plan and Redde's2014 Share Save Scheme. New Ordinary Shares, when issued, will rank pari passu with the existingordinary shares of the Company. Following Admission the Company will continue to have 281,089,600 ordinaryshares of 0.1 pence each in issue, each with voting rights, which figure may beused by shareholders in the Company as the denominator for the calculations bywhich they will determine if they are required to notify their interest in, ora change to their interest in, the share capital of the Company under theFinancial Conduct Authority's Disclosure and Transparency Rules. No shares are held in treasury. The Company will notify on a monthly basis if there have been any changes tothe issued share capital of the Company resulting from share issues under theblock listing. For further information, contact: Redde plc 01225 304501Martin Ward, Chief Executive OfficerStephen Oakley, Chief Financial Officer Cenkos Securities plc (Nominated Adviser and Joint Broker) 0207 397 8900Ian SoanesMax Hartley N+1 Singer (Joint Broker) 0207 496 3000Jonny Franklin-AdamsAlex Wright Square1 Consulting 0207 929 5599David BickMark Longson
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REDD.L