Block Admission

Marlowe PLC

26 September 2023

 

26 September 2023

Marlowe plc

Block Admission

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services and software which assure regulatory compliance, announces that application has been made for a block admission of 699,000 ordinary shares in the capital of the Group ("Ordinary Shares") to be admitted to trading on AIM ("Admission") in respect of new Ordinary Shares which may be issued from time to time on the exercise of options awarded under Marlowe's 2020 SAYE scheme (the "SAYE Options"). The award of the SAYE Options was announced by Marlowe on 2 September 2020.

New Ordinary Shares issued under the block admission will rank pari passu in all respects with Ordinary Shares and it is expected that Admission will become effective at 8.00 a.m. on 2 October 2023.

There is no change to the Group's issued share capital as a result of this block admission and, following Admission the Group will continue to have 96,481,891 Ordinary Shares in issue. There are no shares held in treasury and thus the total number of voting rights in the Group is 96,481,891.

The Group will notify on a monthly basis when there are changes to the issued share capital of the Group, and these monthly figures may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Group, under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

Marlowe plc
Alex Dacre, Chief Executive	www.marloweplc.com
Adam Councell, Chief Financial Officer	Tel: [phone]
Benjamin Tucker, Investor Relations Manager
Cavendish Securities plc (Nominated Adviser and Joint Broker)
Ben Jeynes	Tel: [phone]
George Lawson
Berenberg (Joint Broker)
Ben Wright	Tel: [phone]
Mark Whitmore
Stifel (Joint Broker)
Matthew Blawat	Tel: [phone]
Francis North
FTI Consulting
Nick Hasell	Tel: [phone]
Alex Le May

About Marlowe plc

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

 

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