10th Aug 2015 09:33
REDDE PLC - Issue of Shares for Employee OptionsREDDE PLC - Issue of Shares for Employee Options
PR Newswire
London, August 10
10 August 2015
Redde plc
(“Redde” or the "Company")
Issue of Shares for Employee Options
On 07 August Redde issued 6,832 ordinary shares of 0.1 pence each (the “New Ordinary Shares”) to satisfy the exercise of options by a member of staff under its 2014 Sharesave Scheme.
Application has been made to the London Stock Exchange for the admission to trading on AIM of the New Ordinary Shares, which is expected to occur on 13 August 2015 (“Admission”).
Following Admission, the Company shall have 285,941,641 ordinary shares of 0.1 pence each in issue, each with voting rights, which figure may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. No shares are held in treasury.
For further information, contact:
| Redde plc Martin Ward, Chief Executive Officer Stephen Oakley, Chief Financial Officer | 01225 321134 |
| Cenkos Securities plc (Nominated Adviser and Joint Broker) Ian Soanes Liz Bowman | 0207 397 8900 |
| N+1 Singer (Joint Broker) Nic Hellyer Alex Wright | 0207 496 3000 |
| Square1 Consulting David Bick Mark Longson | 0207 929 5599 |
Related Shares:
REDD.L