Safestyle UK PLC Block Admission and Issue of Shares (5758D)
April 27 2017 - 7:07AM
UK Regulatory
TIDMSFE
RNS Number : 5758D
Safestyle UK PLC
27 April 2017
27 April 2017
Safestyle UK plc
("Safestyle" or the "Company")
Block Admission and Issue of Shares
Safestyle UK plc (AIM: SAFE), the leading UK-focused retailer
and manufacturer of PVCu replacement windows and doors for the
homeowner market, announces that application has been made for the
block admission of 198,702 new ordinary shares of GBP0.01 each in
the Company (the "Shares"), which is the maximum number of new
Shares that may be issued from time to time pursuant to the
exercise of options under the Safestyle Approved SAYE Scheme 2014
(the "SAYE Scheme"). New Shares issued under the block listing will
be fully paid and will rank pari passu in all respects with the
existing issued ordinary shares of the Company. It is expected that
admission is expected to occur at 8.00am on 2 May 2017.
The Board of Safestyle announces that today it has issued
177,513 new Shares pursuant to the first allotment to certain
employees under the SAYE Scheme. This leaves a balance of 21,189
new Shares that remain to be issued under the SAYE Scheme.
Following the issue of the new Shares, the Company's total
issued share capital will consist of 82,984,083 Shares with one
voting right per share. The Company does not hold any Shares in
Treasury. Therefore, following the issue of the New Shares, the
total number of voting rights in the Company will be 82,984,083.
This figure 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 a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
Safestyle UK plc Tel: 01274 842443
Steve Birmingham (Chief Executive
Officer)
Mike Robinson (Chief Financial
Officer)
Zeus Capital (Nominated Adviser Tel: 0203 829 5000
& Broker)
Nicholas How / Dominic King
Liberum Capital Limited (Joint Tel: 0203 100 2100
Broker)
Neil Patel
FTI Consulting (Financial PR) Tel: 0203 727 1000
Oliver Winters / Alex Beagley
/ James Styles
This information is provided by RNS
The company news service from the London Stock Exchange
END
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