REG - EnQuest PLC - Application for Block Listing

EnquestAnnouncement

24/11/2023 09:00

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RNS Number : 6026U  EnQuest PLC  24 November 2023

EnQuest PLC

24 November 2023

 

Application for Block Listing

 

EnQuest PLC (the "Company") has today made applications to the Financial
Conduct Authority ("FCA") and the London Stock Exchange ("LSE") for 30,000,000
ordinary shares of 5p each (the "New Shares") to be admitted to the Official
List of the FCA and admitted to trading on the premium segment of the LSE's
main market for listed securities. Admission is expected to take place on 27
November 2023.

 

The New Shares are being reserved under a block listing and may be issued when
required to satisfy the exercise of options and awards made to employees and
Executive Directors of EnQuest PLC pursuant to certain of the Company's
existing share schemes and share plans (2020 SAYE and outstanding PSP Nil Cost
Options).

 

The subscription costs for the New Shares will be funded by way of a loan from
the Company to the Company's Employee Benefit Trust. When issued, the shares
will rank pari passu with the existing issued ordinary shares of the Company
of 5p each.

 

 

Ends

 

For further information please contact:

Chris Sawyer (Company Secretary, EnQuest PLC)

Tel: +44 (0)20 7925 4900

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