Block Admission of Shares

RNS Number : 0542V

finnCap Group PLC

29 November 2019

 

29 November 2019

finnCap Group plc

Block Admission of Shares

finnCap Group plc (AIM: FCAP) (the "Company") announces that an application has been made to the London Stock Exchange for a block admission of a total of 22,648,593 ordinary shares of 1 pence each (the "New Ordinary Shares") to be admitted to trading on AIM in connection with the its share option plans (the "Plans") as follows:

·        17,127,142 New Ordinary Shares which may be issued under the finnCap EMI Plan;

·        3,357,672 New Ordinary Shares which may be issued under the finnCap SAYE Plan;

·        1,228,572 New Ordinary Shares which may be issued under the finnCap Unapproved Plan; and

·        935,207 New Ordinary Shares which may be issued under the finnCap Group SAYE Plan.

These New Ordinary Shares may be issued from time-to-time pursuant to the exercise of options by employees participating in the Plans.

When issued, the New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.  Admission of the New Ordinary Shares is expected to take place on or around 4 December 2019.  There is no change to the Company's issued share capital as a result of this block admission.

The Company currently has 169,730,089 ordinary shares of 1 pence each in issue.  The Company does not hold any shares in treasury.  The Company will notify on a monthly basis where there have been changes to the issued share capital of the Company.

The Company has no other block listings.

For information, please contact:

finnCap Group plc                                                                   Tel: [phone]

Sam Smith, Chief Executive Officer                                         [e-mail]

Tom Hayward, Chief Financial Officer

Grant Thornton (Nominated Adviser)                                             Tel: [phone]

Philip Secrett/Samantha Harrison/Seamus Fricker

 

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