Block Listing Application

RNS Number : 0270Y
Royal Bank of Scotland Group PLC
15 December 2010
 



The Royal Bank of Scotland Group plc

Employee Share Plans

 

The Royal Bank of Scotland Group plc announces that it has applied to the London Stock Exchange and the UK Listing Authority for a new block listing of 300,000,000 ordinary shares of 25 pence each. These shares are being allotted to trade on the London Stock Exchange and to be admitted to the Official List upon allotment pursuant to the Company's obligations under the following employee share plans:

 

(i)      The Royal Bank of Scotland Group plc 2007 Sharesave Plan;

(ii)     The Royal Bank of Scotland Group plc 2007 Irish Sharesave Plan;

(iii)    The Royal Bank of Scotland Group plc 2007 Executive Share Option Plan;

(iv)    The Royal Bank of Scotland Group plc Medium-term Performance Plan;

(v)     The Royal Bank of Scotland Group plc 2010 Long-term Incentive Plan; and

(vi)    The Royal Bank of Scotland Group plc 2010 Deferral Plan.

 

Participants in these employee share plans have or will become entitled to these new shares following the exercise of share options or allocation of share awards. The shares will rank equally with the existing ordinary shares of the Company. Application has been made for the 300,000,000 new shares to be admitted to the Official List and approval of the block listing application is expected on 16 December 2010.

 

 

Contact for queries:

 

Mr Peter Helmn

The Royal Bank of Scotland Group plc

Ground Floor, Business House G

Gogarburn, PO Box 1000

Edinburgh

EH12 1HQ


This information is provided by RNS
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