Treasury Stock/ issued share capital

RNS Number : 1365D
Headlam Group PLC
04 July 2016
 

 

4 July 2016

 

Headlam Group plc

 

Exercise of share options/ Transfer of Treasury Shares 

Headlam Group plc ('Headlam') announces that on 1 July 2015 share options granted on

11 May 2011 under the Headlam Group 2002 Savings Related Share Option Scheme at an option price of £2.46 per share and share options granted on 10 May 2013 under the Headlam Group 2012 Savings Related Share Option Scheme at an option price of £2.74 per share were exercised on reaching normal maturity.

 

A total of 105,868 ordinary shares have been transferred from treasury stock for the purposes of employee share scheme allotments, comprising 11,409 ordinary shares at 246.00 pence per share and 94,459 ordinary shares at 274.00 pence per share.

Following the above transfer of treasury stock, Headlam held 798,447 ordinary shares as treasury shares. 

The total number of ordinary shares in issue (excluding shares held as treasury shares) was 84,376,802.  Therefore, the total number of voting rights in the Company is 84,565,296.

The above figure 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 to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

 

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