Additional Block Admission of Shares

RNS Number : 1847W

finnCap Group PLC

17 August 2020

 

17 August 2020

finnCap Group plc

Additional Block Admission of Shares

finnCap Group plc (AIM: FCAP) (the "Company") announces that an application has been made to the London Stock Exchange for an additional block admission of a total of 5,201,311 ordinary shares of 1 pence each (the "New Ordinary Shares") to be admitted to trading on AIM in connection with certain of the Company's share option plans (the "Plans") as follows:

· 5,166,696 New Ordinary Shares which may be issued under the finnCap Unapproved 2020 Plan;

· 34,615 New Ordinary Shares which may be issued under the finnCap SAYE Plan

These New Ordinary Shares may be issued from time-to-time pursuant to the exercise of options by employees participating in the Plans.

When issued, the New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.  Admission of the New Ordinary Shares is expected to take place on or around 19 August.  There is no change to the Company's issued share capital as a result of this block admission.

The Company currently has 171,657,005 ordinary shares of 1 pence each in issue.  The Company does not hold any shares in treasury.  The Company will continue to notify on a monthly basis where there have been changes to the issued share capital of the Company.

For information, please contact:

finnCap Group plc  Tel: [phone]

Sam Smith, Chief Executive Officer   [e-mail]

Richard Snow, Chief Financial Officer

Grant Thornton (Nominated Adviser)  Tel: [phone]

Philip Secrett/Samantha Harrison/Seamus Fricker

 

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