TIDMCLG

RNS Number : 4480C

Clipper Logistics plc

13 April 2017

Clipper Logistics plc

("Company" or "Clipper")

Exercise of Options

The Company announces that, following the exercise of employee share options under the Company's Sharesave Scheme, applications have been made for 8,903 new ordinary shares of 0.05p each ("New Shares") to be admitted to listing on the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission"). It is expected that Admission will become effective and dealings in the New Shares will commence at 8.00am on 19th April 2017. The New Shares will rank pari passu with all existing ordinary shares in issue.

Following Admission, the Company's issued share capital will consist of 100,022,968 ordinary shares each with voting rights.

The above figure of 100,022,968 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

-Ends-

ENQUIRIES

 
 Clipper:                            +44 (0)113 204 2050 
 Steve Parkin, Executive Chairman 
 David Hodkin, Chief Financial 
  Officer 
 Guy Jackson, Company Secretary 
 
 Bell Pottinger LLP:                 +44 (0) 20 3772 2500 
 David Rydell 
 Dan de Belder

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 13, 2017 04:52 ET (08:52 GMT)

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