Brown (N.) Group PLC Issue of equity and total voting rights

RNS Number : 8955Y

Brown (N.) Group PLC

02 August 2024

 

 

N Brown Group PLC

 

Issue of equity and total voting rights

 

N Brown Group Plc ("N Brown" or the "Company"), a top 10 UK clothing & footwear digital retailer, announces that it will issue a total of 4,306,393 ordinary shares of 11 1/19 pence each in the Company ("Ordinary Shares") to the Company's Employee Benefit Trust to satisfy the exercise of share awards previously granted to employees under the Company's 2014 Long Term Incentive Plan and N Brown Group plc Share Plan which vest on 6 August 2023.

An application for the admission of the 4,306,393 Ordinary Shares ("New Ordinary Shares") to trading on AIM has been made and dealings in the New Ordinary Shares are expected to commence at 8.00 a.m. on 5 August 2024 ("Admission"). The New Ordinary Shares will rank pari-passu with the Company's existing issued ordinary shares.

Following Admission, the Company's share capital and total voting rights comprises 467,631,411 Ordinary Shares and the Company does not hold any shares in treasury. Consequently, 467,631,411 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, N Brown under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

N Brown Group
David Fletcher, Head of Investor Relations	[phone]
Hawthorn
Henry Lerwill Simon Woods	[phone] [phone] [e-mail]

 

Shore Capital - Nomad and Broker Stephane Auton / Daniel Bush / Rachel Goldstein Fiona Conroy (Corporate Broking)

[phone]

 

About N Brown Group:

N Brown is a top 10 UK clothing and footwear digital retail platform, with a home proposition, headquartered in Manchester and employs around 1,700 people nationwide.  Through our strategic retail brands including JD Williams, Simply Be and Jacamo, we exist to make our customers look and feel amazing, and take great pride in passionately championing inclusion and serving the under-served. Our customer-first shopping experience, supported by our innovative financial services proposition, is designed to deliver choice, affordability, and value to our customers, and allows us to be truly inclusive and accessible. 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

IOEEAEPFEEELEAA