Block Listing Increase Application

RNS Number : 4683Q

Lookers PLC

20 February 2023

 

Lookers plc

(the "Company")

Block Listing Increase Application

The Company announces that an application has been made to increase the Company's existing block listing for a total of 2,010,000  new ordinary shares of 5p 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").

The New Shares are to be block-listed under the following schemes:

Scheme Name	Number of New Shares
The Lookers plc Long-Term Incentive Plan	10,000
The Lookers plc SAYE Scheme	2,000,000

Admission is expected to become effective at 8.00am on 23 February 2023.

The shares block-listed in respect of the Lookers plc SAYE Scheme will take the total shares listed for that Scheme to 4,593,654, which we expect to allot in relation to the 2020 SAYE options that can be exercised from 1 March 2023.

The New Shares, which will rank pari passu in all respects with the existing ordinary shares in issue, will be issued from time to time, pursuant to the exercise of options under the Lookers plc Long-Term Incentive Plan and the Lookers plc SAYE Scheme.

Enquiries: Katie Lewis Deputy Company Secretary 07960858932 The Company is registered in England at Lookers House, 3 Etchells Road, West Timperley, Altrincham WA14 5XS.  Company registration number 00111876.  LEI number 213800TSB8PJEACDAV33

 

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