Flowtech Fluidpower PLC Exercise of Options and Total Voting Rights

RNS Number : 0019P

Flowtech Fluidpower PLC

20 May 2024

 

 

 

Monday, 20 May 2024

 

 

 

Flowtech Fluidpower plc

("the Company")

 

Exercise of Options, Issue of Ordinary Shares and Total Voting Rights

 

Flowtech Fluidpower plc (AIM: FLO), the specialist full-service supplier of technical fluid power products and services, announces that options over a total of 182,500 ordinary shares of 50 pence each ("Ordinary Shares") have been exercised under the 'Flowtech Fluidpower plc Enterprise Management Incentive Plan' (the "Exercise").

Issue of Ordinary Shares

Application has been made to the London Stock Exchange for the 182,500 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective, and that trading will commence, at 8.00 a.m. on 22 May 2024.

Total Voting Rights

Following Admission, the total number of voting rights in the Company will be 61,675,173. Shareholders may use this figure 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

 

Enquiries: Flowtech Fluidpower plc Roger McDowell, Non-Executive Chair Mike England, Chief Executive Officer Russell Cash, Chief Financial Officer Tel: [phone] Email: [e-mail]

To read more about the Group please visit: www.flowtechfluidpower.com.

Liberum (Nominated adviser and Sole Broker) Richard Lindley / Will King Tel: [phone]

TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: [phone] or email: [e-mail]

 

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