CPL Resources issues a number of incentive shares

CPL Resources announced on Friday that application had been made to the Irish Stock Exchange and to the London Stock Exchange for 330,697 new ordinary shares to be admitted to trading on the ESM market of the Irish Stock Exchange and to the AIM market of the London Stock Exchange.

The firm said the application was being made pursuant to the vesting of awards granted in 2014 under the terms of the company's 2013 long term incentive plan.

“Admission of the ordinary shares is expected to be effective on 27 February,” the board confirmed in a statement.

Following admission, the number of CPL ordinary shares in issue will be 30,875,856.