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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Joules Group Plc | LSE:JOUL | London | Ordinary Share | GB00BZ059357 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.22 | 9.40 | 9.60 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMJOUL
RNS Number : 3621W
Joules Group plc
31 July 2018
Joules Group plc
("Joules" or the "Company")
Issue of Equity, Exercise of Options and Block Listing Application
Issue of Equity and Exercise of Options
The Company announces that a total of 278,506 ordinary shares of one pence each in the Company ("Ordinary Shares") are to be issued to cover the exercise of options in the Company.
The Company has made an application to the London Stock Exchange for the 278,506 new Ordinary Shares to be admitted to trading on AIM. It is expected that admission will become effective on or around 1 August 2018.
Following Admission, the Company's enlarged issued share capital will comprise 87,778,302 Ordinary Shares with voting rights. The Company does not hold any shares in treasury, therefore the total number of Ordinary Shares in the Company with voting rights will be 87,778,302. This 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 in their interest in, the share capital of the Company.
Block Listing Application
Joules also announces that an application has been made to the London Stock Exchange for a block listing admission of 4,605,000 Ordinary Shares, pursuant to the following schemes:
-- Long Term Incentive Plan (3,000,000 Ordinary Shares) -- Save As You Earn Scheme (1,010,000 Ordinary Shares) -- Deferred Bonus Plan (465,000 Ordinary Shares) -- Executive Share Option Plan (130,000 Ordinary Shares)
The total amount of 4,605,000 Ordinary Shares represents the maximum potential award over the lifetime of these schemes, as set out in more detail in the Company's annual report and accounts.
These new Ordinary Shares will be issued from time to time pursuant to the exercise of employee share options under these various schemes. On exercise, these new Ordinary Shares will be issued credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares. It is expected that admission will become effective on 2 August 2018.
Enquiries:
Joules Group plc Tel: +44 (0) 1858 435 255 Colin Porter, CEO Marc Dench, CFO Peel Hunt LLP, Nominated Advisor & Broker Tel: +44 (0) 20 7418 8900 Dan Webster George Sellar Nicole McDougall Liberum Capital Limited, Broker Tel: +44 (0) 20 3100 2000 John Fishley Joshua Hughes Hudson Sandler (financial PR) Tel: +44 (0) 20 7796 4133 Alex Brennan Lucy Wollam
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
July 31, 2018 10:38 ET (14:38 GMT)
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