Servelec Group plc Exercise of Share Options (5446F)

TIDMSERV

RNS Number : 5446F

Servelec Group plc

18 May 2017

18 May 2017

Servelec Group Plc

("Servelec" or the "Group")

Exercise of Share Options

Exercise of Share Options

The Group announces that it has today applied to the UK Listing Authority and to the London Stock Exchange for the listing of, in aggregate, 15,084 new ordinary shares of 18p each in Servelec Group PLC and for those shares to be admitted to the Official List and to trading on the London Stock Exchange's market for listed securities.

The new shares are being issued in respect of the exercise of options under the Group's ESOP scheme.

All of these shares will rank pari passu with the existing ordinary shares in issue. It is expected that Admission will become effective and that dealings in these shares will commence on 24 May 2017.

<ENDS>

For further enquiries, please contact:

 
 Servelec Group plc 
  Alan Stubbs, Chief Executive Officer 
  Mike Cane, Chief Financial Officer 
  Pamela Weeks, Head of Corporate         +44 (0) 1246 
  Communications and PR                    437 400 
 Investec Bank plc 
  Patrick Robb/Dominic Emery/Sebastian    +44 (0) 207 
  Lawrence/Matt Lewis                      597 5097 
 Tulchan Group                            +44 (0) 20 
  James Macey-White/Matt Low               7353 4200 
 

LEI: 2138006WUE69DYGUKB48

Notes to Editors:

Servelec Group plc is a UK-headquartered technology group, with significant intellectual property, providing software, hardware and services predominantly to the UK health and social care, oil & gas, nuclear, power, water, utilities and broadcast sectors.

Servelec has two operating divisions; Servelec HSC and Servelec Automation:

- Servelec HSC specialises in the design, development and implementation of Electronic Patient Record (EPR) and Patient Administration Systems (PAS), Social Care Case Management software and early Years education software within secondary care and social care and education in local government settings and is a market leader in the Mental Health, Community Health and Social Care sectors in England.

- Servelec Automation provides complex, mission-critical control systems to large blue-chip companies mainly in the UK, focusing on the oil & gas, nuclear, power, water, utilities and broadcast industries. Servelec Automation also provides services from consultancy through to design, implementation, delivery, installation and on-going customer support and maintenance.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 18, 2017 07:00 ET (11:00 GMT)