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Exercise of Options

11th Apr 2014 14:15

RNS Number : 6770E
Flowgroup plc
11 April 2014
 



 

Flowgroup plc

(the "Company")

 

Exercise of SAYE Share Options

 

Flowgroup plc (AIM: FLOW), which develops and commercialises alternative and efficient energy technology products, announcesthat on 10 April 2014, the Company issued 78,260 ordinary shares of £0.05 each ("Ordinary Shares") following the exercise of options under the Company's SAYE share option scheme.

 

Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 17 April 2014 ("Admission"). Upon Admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

 

Following Admission of these new shares, the Company will have 239,445,522 Ordinary Shares in issue. Therefore, the total number of voting rights in the Company is 239,445,522 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

 

Flowgroup plc

www.flowgroup.uk.com

Tony Stiff, Group Chief Executive Officer

Tel: +44 (0)151 348 2100

Cenkos Securities plc (NOMAD & Broker)

www.cenkos.com

Stephen Keys / Christopher Golden (Corporate Finance / Nomad)

Julian Morse (Sales)

Tel: +44 (0)20 7397 8900

Walbrook PR Ltd

Tel: +44 (0)20 7933 8780 or [email protected]

Paul McManus (Media Relations)

Mob: 07980 541 893

Paul Cornelius (Investor Relations)

Mob: 07827 879 460

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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