New Shares Issuable Under The CSOP

RNS Number : 4774H
Gateley (Holdings) PLC
04 August 2021
 

4 August 2021

 

Gateley (Holdings) Plc

 

("Gateley" the "Group" or the "Company")

 

New Shares Issuable under the Company Share Option Plan

 

Gateley (AIM: GTLY), the legal and professional services group, announces that 410,632 ordinary shares of 10p each in Gateley ("Ordinary Shares") have been issued, pursuant to the Group's Company Share Option Plan ("CSOP") scheme that was introduced in 2016 and as a result of the conditions for issuance having been satisfied.

 

The CSOP scheme was implemented for the benefit of associates, senior associates, legal directors and equivalent positions across the Group, including senior management positions in support teams in order to enhance their alignment with the long-term success of the Group and reward them for their contributions over the vesting period.

 

Accordingly, application has been made for 410,632 new Ordinary Shares to be admitted to trading on AIM ("Admission"). Shares were issued at a price of 165p, being the option price at the date of grant on 3 October 2017. Admission is expected to occur at 8.00 a.m. on Tuesday 10th August 2021. Following Admission, the Company will have a total of 118,535,408 Ordinary Shares in issue with one voting right per share.

 

The above 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 FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries

 

Gateley (Holdings) Plc

 

Neil Smith, Finance Director

Tel: +44 (0) 121 234 0196

Nick Smith, Acquisitions Director and Head of Investor Relations

Tel +44 (0) 20 7653 1665

Cara Zachariou, Head of Corporate Communications

Tel +44 (0) 121 234 0074

Mob: +44 (0) 7703 684 946

 

 

finnCap - Nominated adviser and broker

Tel +44 (0) 20 7220 0575

Matt Goode / James Thompson (Corporate Finance)

 

Andrew Burdis (ECM)

 

 

 

Singer Capital Markets - Joint broker

Tel +44 (0) 20 7496 3000

Peter Steel (Corporate Finance)

 

Rachel Hayes (Corporate Broking)

 

 

 

Belvedere Communications Limited - Financial PR

 

Cat Valentine (cvalentine@belvederepr.com)

Mob: +44 (0) 7715 769 078

Keeley Clarke (kclarke@belvederepr.com)

Mob: +44 (0) 7967 816 525

Llew Angus (langus@belvederepr.com)

Mob: +44 (0) 7407 023 147

 

gateleypr@belvederepr.com

 

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