Issue of Equity
Updated : 15:43
Park Group plc
("Park" the "Company" or the "Group")
Issue of Equity
The Company announces that 31,746 new ordinary shares of 2p each in the Company ("Ordinary Shares") have been issued following the exercise by a former employee of employee share options in connection with the Company's Save As You Earn scheme ("SAYE").
Application has been made for the admission to AIM ("Admission") of 31,746 new Ordinary Shares, being the total number of shares issued following the exercise of options under the Company's SAYE scheme.
The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealing is expected to commence on 7 November 2018.
Following Admission, the Company's enlarged issued share capital will be 186,201,837 Ordinary Shares. This figure of 186,201,837 Ordinary Shares 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 under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Park Group plc | Arden Partners plc | MHP Communications |
Ian O'Doherty |
Steve Douglas Benjamin Cryer |
Reg Hoare Katie Hunt Charles Hirst |
Tel: 0151 653 1700 |
Tel: 020 7614 5920 |
Tel: 020 3128 8100 |
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