New Shares Issuable under the SAR Scheme

RNS Number : 9164U

Gateley (Holdings) PLC

17 July 2018

 

Gateley (Holdings) Plc

('Gateley' or the 'Group')

New Shares Issuable under the Share Appreciation Rights Scheme

Gateley (AIM:GTLY), the law-led professional services group announces that 2,425,024 ordinary shares of 10p each in Gateley ("Ordinary Shares") have vested following the third anniversary of the Company's admission to AIM, pursuant to the terms of the Company's Share Appreciation Rights ("SAR") Scheme as detailed in Gateley's admission document dated 8 June 2015. The SAR Scheme was implemented for the benefit of partner level employees to ensure they remain aligned with the long-term success of the Group.  These new Ordinary Shares are expected to be admitted to trading on AIM at 8.00 a.m. on 18 July 2018.

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Enquiries:
Gateley (Holdings) Plc Neil Smith, Finance Director	Tel: [phone]
Nick Smith, Acquisitions Director and Head of Investor Relations	Tel: [phone]
Cara Zachariou, Head of Communications	Tel: [phone] or [phone]
Cantor Fitzgerald Europe - Nominated adviser and broker
David Foreman, Marc Milmo, Michael Boot (Corporate Finance)	Tel: [phone]
Caspar Shand Kydd, Alex Pollen (Sales)
Arden Partners - Broker
John Llewellyn-Lloyd, Benjamin Cryer (Corporate Finance)	Tel: [phone]
James Reed-Daunter (Corporate Broking)
IFC Advisory - Financial PR Adviser
Tim Metcalfe, Miles Nolan	Tel: [phone]

 

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