Redde Plc Additional Block Admission
28 Januar 2020 - 2:38PM
UK Regulatory
TIDMREDD
28 January 2020
Redde plc
("Redde" or the "Company")
Additional Block Admission
The Company notifies that application has been made to the London Stock
Exchange for a block admission to trading on AIM of 1,000,000 ordinary shares
of 0.1 pence each ("New Ordinary Shares"), and admission is expected to occur
at 8.00 a.m. on 3 February 2020. The New Ordinary Shares will be issued from
time to time pursuant to the exercise of options under the Redde 2016 PSP
Scheme and will rank pari passu in all respects with the existing ordinary
shares of the Company.
There is no change to the Company's issued share capital as a result of the
block admission application. As at today, the Company's issued ordinary share
capital comprises 306,868,351 ordinary shares of 0.1 pence each, 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
Guidance and Transparency Rules.
Enquiries:
Redde plc
01225 321134
Martin Ward, Chief Executive Officer
Stephen Oakley, Chief Financial Officer
Cenkos Securities plc (Nominated Adviser and Joint Broker) 0207
397 8900
Giles Balleny
Harry Hargreaves
N+1 Singer (Joint Broker)
0207
496 3000
Mark Taylor
Square1
Consulting
0207 929 5599
David Bick
END
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