GKN plc
Transfer of
Treasury Shares
GKN plc (the ‘Company’) announces that on 19 April 2018, a total of 5,647,442 ordinary
shares of 10p each were transferred out of treasury to the GKN
Employees’ Share Ownership Plan Trust (the “Trust”). Following the
Melrose Offer being declared wholly unconditional on 19 April 2018 (the “Unconditional Date”), all
outstanding awards under the GKN share incentive plans listed below
will, to the extent they have not ready, vest and be released on
the Unconditional Date:
GKN Executive Share Option Scheme 2004
GKN Deferred Bonus Plan
The GKN Sustainable Earnings Plan 2012
The GKN Share Incentive and Retention Plan
Following the above transfer of treasury shares, the Company
holds 1,500,000 ordinary shares in treasury. The total number of
ordinary shares in issue (excluding treasury shares) is
1,724,603,630.
Details of the issuer:
Name GKN plc
LEI:
213800QNZ22GS95OSW84
Classification of Regulation
Information:
3.1
Additional regulated information required to be disclosed under the
laws of a member state