TIDMMRL

RNS Number : 7242N

Marlowe PLC

26 September 2023

26 September 2023

Marlowe plc

Block Admission

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services and software which assure regulatory compliance, announces that application has been made for a block admission of 699,000 ordinary shares in the capital of the Group ("Ordinary Shares") to be admitted to trading on AIM ("Admission") in respect of new Ordinary Shares which may be issued from time to time on the exercise of options awarded under Marlowe's 2020 SAYE scheme (the "SAYE Options"). The award of the SAYE Options was announced by Marlowe on 2 September 2020.

New Ordinary Shares issued under the block admission will rank pari passu in all respects with Ordinary Shares and it is expected that Admission will become effective at 8.00 a.m. on 2 October 2023.

There is no change to the Group's issued share capital as a result of this block admission and, following Admission the Group will continue to have 96,481,891 Ordinary Shares in issue. There are no shares held in treasury and thus the total number of voting rights in the Group is 96,481,891.

The Group will notify on a monthly basis when there are changes to the issued share capital of the Group, and these monthly figures 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 in their interest in, the share capital of the Group, under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

 
Marlowe plc 
Alex Dacre, Chief Executive           www.marloweplc.com 
Adam Councell, Chief Financial        Tel: +44 (0) 203 813 8498 
 Officer 
Benjamin Tucker, Investor Relations 
 Manager 
 
Cavendish Securities plc (Nominated Adviser and Joint Broker) 
Ben Jeynes                            Tel: +44 (0)20 7220 0500 
George Lawson 
 
Berenberg (Joint Broker) 
Ben Wright                            Tel: +44 (0)20 3207 7800 
Mark Whitmore 
 
Stifel (Joint Broker) 
Matthew Blawat                        Tel: +44 (0)20 7710 7688 
Francis North 
 
FTI Consulting 
Nick Hasell                           Tel: +44 (0)20 3727 1340 
Alex Le May

About Marlowe plc

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ALSMZGZLDVLGFZM

(END) Dow Jones Newswires

September 26, 2023 10:23 ET (14:23 GMT)

Marlowe (LSE:MRL)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Marlowe Charts.
Marlowe (LSE:MRL)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Marlowe Charts.