31 May 2023
Lords Group Trading plc
('Lords', the 'Group' or the 'Company')
Total Voting Rights
In accordance with DTR 5.6.1 of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ('DTRs'), the total number of ordinary shares of £0.005 each in the capital of the Company in issue as at the date of this notice is 165,532,849 with each share carrying the right to one vote.
The Company does not hold any shares in treasury. Therefore, the number of ordinary shares with voting rights is 165,532,849.
The above 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 DTRs.
- Ends -
FOR FURTHER ENQUIRIES:
Lords Group Trading plc |
Via Buchanan |
Shanker Patel, Chief Executive Officer |
Tel: +44 (0) 20 7466 5000 |
Chris Day, Chief Financial Officer and Chief Operating Officer |
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Cenkos Securities plc (Nominated Adviser and Joint Broker) |
Tel: +44 (0)20 7397 8900 |
Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance) |
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Alex Pollen (Sales) |
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Berenberg (Joint Broker) Matthew Armitt / Richard Bootle / Detlir Elezi
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Tel: +44 (0)20 3207 7800 |
Buchanan Communications |
Tel: +44 (0) 20 7466 5000 |
Henry Harrison-Topham / Jamie Hooper / Abby Gilchrist
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Notes to editors:
Lords is a specialist distributor of building, plumbing, heating and DIY goods. The Group principally sells to local tradesmen, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public. The Group operates through the following two divisions:
· Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities. It operates both in the 'light side' (building materials and timber) and 'heavy side' (civils and landscaping), through 26 locations in the UK.
· Plumbing and Heating: a specialist distributor in the UK of plumbing and heating products to a UK network of independent merchants, installers and the general public. The division offers its customers an attractive proposition through a multi-channel offering. The division operates over 16 locations enabling nationwide next day delivery service.
Lords was established over 35 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire. Since then, the Group has grown to a business operating from 42 sites. Lords aims to become a £500 million turnover building materials distributor group by 2024 as it grows its national presence.
Lords was admitted to trading on AIM in July 2021 with the ticker LORD.L. For additional information please visit www.lordsgrouptradingplc.co.uk.