23rd Mar 2009 17:06
Telford Homes PLC (the "Company")
23 March 2009
Issue of Equity and TVR Update
The Company announces that it has, today, made application to the London Stock Exchange for the admission to trading on AIM of 750,000 new Ordinary Shares of 10p each to satisfy the requirements of the 2008/09 SIP Scheme.
The new shares are expected to be admitted to trading on AIM on 30 March 2009.
Within the SIP scheme, which is open to all employees, the maximum allocation of shares per person for the 2008/09 tax year is 11,320 shares. Including their allocation the table below shows the beneficial interest of all executive and non-executive directors of the Company.
|
Director |
Number of shares |
Percentage of issued share capital |
|
Andrew Wiseman |
2,241,884 |
5.9 |
|
Jim Furlong |
1,256,293 |
3.3 |
|
David Durant |
1,137,533 |
3.0 |
|
David Holland |
992,533 |
2.6 |
|
Sheena Ellwood |
347,801 |
0.9 |
|
Jon Di-Stefano |
343,533 |
0.9 |
|
John Fitzgerald |
204,579 |
0.5 |
|
Mark Parker |
167,208 |
0.4 |
|
Robert Clarke |
122,533 |
0.3 |
Following this admission the Company's share capital and Total Voting Rights will comprise 38,750,000 Ordinary shares. Consequently, 38,750,000 is the figure which may then 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, Telford under the FSA's Disclosure and Transparency Rules.
Enquiries:
Andrew Wiseman / Jon Di-Stefano - Telford - 01992 809800
Pascal Keane - Shore Capital - 0207 408 4090
Related Shares:
Telford Homes