Telford Homes PLC Issue of Equity (3495Q)

TIDMTEF

RNS Number : 3495Q

Telford Homes PLC

05 June 2018

5 June 2018

TELFORD HOMES PLC

(the "Company")

Issue of Equity

The Company announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 60,000 new ordinary shares of 10p each ("Ordinary Shares") to satisfy the exercise of 60,000 options over Ordinary Shares by an employee under the Telford Homes Plc Unapproved Employee Share Option Scheme ("New Shares"). The exercise price of the options was 79 pence per share. The New Shares are expected to be admitted to trading on AIM at 8:00a.m. on 6 June 2018.

Following the allotment and issue of the New Shares, the Company's issued share capital and Total Voting Rights will comprise 75,676,000 Ordinary Shares and the Company does not hold any shares in treasury. Consequently, 75,676,000 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, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information please contact:

Telford Homes Plc

   Jon Di-Stefano / Katie Rogers                                     Tel: [phone] 

Shore Capital

   Patrick Castle  / Dru Danford                                     Tel: [phone] 

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June 05, 2018 06:11 ET (10:11 GMT)