Application for Block Listing

RNS Number : 2053N

Mears Group PLC

30 August 2011

 



Mears Group PLC ("Mears" or the "Company")

Application for Block Listing

30 August 2011

Application has been made to the UK Listing Authority, the London Stock Exchange and the PLUS-Listed Market for a block listing totalling 1,927,823 ordinary shares of 1p each in the Company. These shares will be allotted and issued in due course upon the exercise of options pursuant to the Company's obligations as follows:

286,870 ordinary shares of 1p each in respect of the Mears Enterprise Management Incentives Option Agreements

468,293 ordinary shares of 1p each in respect of the Mears Approved Company Share Option Plan

383,418 ordinary shares of 1p each in respect of the Mears Save As You Earn Scheme

789,242 ordinary shares of 1p each in respect of the Mears Unapproved Share Option Plan

These shares will rank pari passu with the existing issued ordinary shares of the Company. Trading in the ordinary shares under the block listing is expected to commence on 1 September 2011.

Enquiries:

Mears Group PLC

Andrew Smith, Finance Director                Tel: [phone]

 

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