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Gateley (Holdings) (GTLY)


Tuesday 08 October, 2019

Gateley (Holdings)

New Shares Issuable under the SAR Scheme

RNS Number : 0569P
Gateley (Holdings) PLC
08 October 2019

8 October 2019




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



New Shares Issuable under the Stock Appreciation Rights Scheme

Gateley (AIM:GTLY), the legal and professional services group, announces that 1,631,588 ordinary shares of 10p each in Gateley ("Ordinary Shares") have been issued, pursuant to the terms of the Company's Stock 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 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 1,631,588 new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 10 October 2019. Following Admission, the Company will have a total of 113,699,937 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.



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 20 7220 0575

Matt Goode / James Thompson (Corporate Finance)

Andrew Burdis (ECM)

N+1 Singer - Joint broker

Tel +44 20 7496 3000

Richard Lindley / Peter Steel (Corporate Finance)

Rachel Hayes (Corporate Broking)

Belvedere Communications Limited - Financial PR

Cat Valentine ([email protected])

Mob: +44 (0) 7715 769 078

Keeley Clarke ([email protected])

Mob: +44 (0) 7967 816 525


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