Exercise of Employee Share Options, TVR

RNS Number : 3274A

Creightons PLC

10 September 2018

 

FOR IMMEDIATE RELEASE                                                                            10 September 2018

CREIGHTONS PLC ("Creightons" or "the Company")

Exercise of Employee Share Options, Issue of Equity, and Total Voting Rights

The Company is pleased to announce that further to the exercise of options at 4.50p per share by members of the employee's share option scheme, a total of 1,000,122 new ordinary shares of 1p each ("the Option Shares") have been issued for a total of £45,005.50.

Application will be made for the Option Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to listing on the premium listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities ("Admission").    Admission is expected on or around 20 September 2018.

On Admission, the Company will have 61,647,365 ordinary shares in issue with voting rights. Creightons does not currently hold any shares in treasury. Accordingly, this figure of 61,647,365 ordinary shares 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Included within the above, Mr Martin Stevens, Director, exercised options over 400,000 ordinary 1p shares in the company at a price of 4.50p per share ("the Exercise"). Following the Exercise, Mr Stevens will hold 981,818 share in the Company, representing a holding of 1.59%.

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014 on market abuse.  Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Enquiries - Analysts and Investors

Nicholas O'Shea, Director, Creightons Plc                                                         01733 281000

Roland Cornish / Felicity Geidt, Beaumont Cornish Limited                          0207 628 3396

Authorised for release to RNS

NDJ O'Shea, director, 10/09/2018

 

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