Exercise of options and admission to trading

RNS Number : 5411N

Sureserve Group PLC

21 May 2020

 

Sureserve Group plc

("Sureserve" or the "Group")

Exercise of options and admission to trading

Sureserve (AIM:SUR), the compliance and energy services Group, announces that, further to the exercise of options, as part of the Company's Sharesave Scheme, at 33 pence each, it has issued and allotted, subject to admission to trading on AIM ("Admission"), 89,375 new ordinary shares of 10p each (the "New Ordinary Shares").

Application for admission of the New Ordinary Shares to trading on AIM has been made and dealings in the New Ordinary Shares are expected to commence at 8.00 a.m. on 26 May 2020. The New Ordinary Shares will rank pari-passu with the Company's existing issued ordinary shares.

Total Voting Rights

Following admission of the New Ordinary Shares, the total number of ordinary shares in issue will be 159,057,617. The Company does not hold any ordinary shares in treasury. This figure 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 to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries

Sureserve Group
Bob Holt, Chairman	07778 798 816
Peter Smith, Chief Financial Officer	07590 929 431
Camarco (Financial Public Relations)
Ginny Pulbrook	020 3757 4992
Ollie Head
Shore Capital (Nominated Adviser and Broker)
Antonio Bossi	020 7408 4050
Mark Brown
Fiona Conroy

Notes to editors

Sureserve is a leading compliance and energy services group that performs critical functions in homes, public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Services are delivered through two divisions: Compliance and Energy Services.

The Group was founded in 1988 and is headquartered in Basildon. It currently employs some 2,061 staff from 22 offices across the UK.

 

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