Topps Tiles PLC
31 July 2006
31 July 2006
Topps Tiles plc
Application for Admission
Applications have been made to the UKLA and London Stock Exchange for
170,007,015 New Ordinary Shares fully paid, resulting from the Share Capital
Consolidation, to be admitted to the Official List and to trading on London
Stock Exchange's market for listed securities in place of the Existing Ordinary
Shares. It is expected that dealings in the Existing Ordinary Shares will
continue until 4.30pm today and that the New Ordinary Shares will be admitted to
the Official List and that dealings in the New Ordinary Shares will commence on
London Stock Exchange's market for listed securities at 8.00am tomorrow, 1
August 2006.
Application has also been made to the UKLA and London Stock Exchange for the
block listing of 1,565,006 New Ordinary Shares fully paid, ranking pari passu
with the existing ordinary shares (the 'Block listing'). Under the Block listing
the Company applied for the New Ordinary Shares to be listed pursuant to the
following schemes (the 'Schemes'):
Scheme Name Number of New Shares
Topps Tiles plc Approved Executive Share Option Scheme 184,355
Topps Tiles plc Unapproved Executive Share Option Scheme 314,060
Topps Tiles Share Save Schemes (see below) 1,066,591
The Topps Tiles Share Save Schemes consist of the following schemes:
Scheme Name Number of New Shares
Topps Tiles plc Shares Save Scheme (2001) 63,825
Topps Tiles plc Shares Save Scheme (2002) 199,715
Topps Tiles plc Shares Save Scheme (2003) 313,145
Topps Tiles plc Shares Save Scheme (2004) 269,746
Topps Tiles plc Shares Save Scheme (2006) 220,160
It is expected that the New Ordinary Shares applied for under the Block listing
will be allotted, issued and listed in due course pursuant to the rules of the
Schemes.
No application will be made to the UK Listing Authority or to London Stock
Exchange for any of the B Shares or C Shares resulting from the Return of Cash
to be admitted to the Official List or to trading on the market for listed
securities of London Stock Exchange and the B Shares and C Shares will not be
admitted to trading on any other recognised investment exchange.
The Company's issued share capital on admission of the New Ordinary Shares will
be 170,007,015 ordinary shares of 3 1/3 pence each.
Definitions used in the circular to shareholders dated 7 July 2006 apply to this
announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.