Marlowe PLC Block listing Interim Review

RNS Number : 3936I

Marlowe PLC

26 March 2024

 

26 March 2024

 

Marlowe plc

 

Block Listing Interim Review

 

Marlowe plc ("Marlowe", the "Group" or the "Company"), the UK leader in business-critical services and software which assure regulatory compliance, provides an update in relation to the Company's block admission arrangements (the "Block Admissions") in respect of new ordinary shares of 50 pence in the Company ("Ordinary Shares") which may be issued as a result of exercises of existing options.

 

Block Admission Interim Review

 

Pursuant to Rule 29 of, and Schedule Six to, the AIM Rules for Companies, the Company provides the following notification regarding its Block Admissions.

 

Name of applicant:		Marlowe plc
Name of scheme:		2020 Save As You Earn scheme
Period of return:	From:	26 September 2023	To:	26 March 2024
Balance of unallotted securities under scheme(s) from previous return:		699,000
Plus:  The amount by which the block scheme has been increased since the date of the last return (if any increase has been applied for):		0
Less:  Number of securities issued/allotted under scheme during period (see LR3.5.7G):		325,827
Equals:  Balance under scheme not yet issued/allotted at end of period:		105,590   (267,583 2020 Save As You Earn scheme share options were cancelled during the period).

 

For further information:

Marlowe plc
Alex Dacre, Chief Executive	www.marloweplc.com
Adam Councell, Chief Financial Officer	Tel: [phone]
Benjamin Tucker, Investor Relations Manager
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)
Ben Jeynes	Tel: [phone]
George Lawson
Hamish Waller
Berenberg (Joint Broker)
Dan Gee-Summons	Tel: [phone]
Mark Whitmore
Stifel (Joint Broker)
Matthew Blawat	Tel: [phone]
Francis North
FTI Consulting
Nick Hasell	Tel: [phone]
Alex Le May

 

About Marlowe plc

Marlowe is a UK leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

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