Employee Long Service Awards Scheme

RNS Number : 3180W

Headlam Group PLC

14 April 2023

 

14/04/2023

Headlam Group plc

('Headlam' or the 'Company')

Employee Long Service Awards Scheme

Transfer of Treasury Shares

Per the Company's final results announcement and 2022 Annual Report and Accounts published in March 2023, an Employee Long Service Awards Scheme ('Scheme') has been launched to recognise and applaud the long service of colleagues across the group. The Scheme awards colleagues after certain milestones of service with a monetary gift and, for longer serving employees, an award of ordinary shares in the Company.  Ordinary share awards will be granted bi-annually under the Scheme using service milestones.

Following the Scheme's launch, the Company announces that, on 13 April 2023, a total of 120,200 ordinary shares of 5 pence each were awarded to certain employees at nil cost recognising their long service. 120,200 ordinary shares of 5 pence each have been transferred from treasury stock for the purpose of satisfying the awards. Following the above transfer of treasury stock, the Company holds 4,877,515 ordinary shares as treasury shares.

The total number of ordinary shares in issue (excluding shares held as treasury shares) is 80,761,694 with one voting right per share. Therefore, the total number of voting rights in the Company is 80,761,694.

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.

Headlam Group plc	Tel: [phone]
Chris Payne, Chief Executive	Email:  [e-mail]
Catherine Miles, Director of IR and ESG
Panmure Gordon (UK) Limited  (Corporate Broker)	Tel: [phone]
Tom Scrivens   / Atholl Tweedie Peel Hunt LLP  (Corporate Broker)	Tel: [phone]
George Sellar / John Welch

 

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