TIDMPKG

RNS Number : 8967B

Park Group PLC

25 September 2018

Park Group plc

("Park" the "Company" or the "Group")

Issue of Equity

The Company announces that 190,148 new ordinary shares of 2p each in the Company ("Ordinary Shares") have been issued following the exercise 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 190,148 new Ordinary Shares, being the total number of shares issued following the award of shares 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 1 October 2018.

Following Admission, the Company's enlarged issued share capital will be 186,170,091 Ordinary Shares. This figure of 186,170,091 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          Reg Hoare 
                          Benjamin Cryer         Katie Hunt 
                                                 Charles Hirst 
 
   Tel: 0151 653 1700     Tel: 020 7614 5920     Tel: 020 3128 8100

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

September 25, 2018 09:41 ET (13:41 GMT)

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