REG - Finsbury Food Group - Issue of Equity <Origin Href="QuoteRef">FIF.L</Origin>

Finsbury FoodAnnouncement

27/11/2014 16:20

RNS Number : 2318Y
Finsbury Food Group PLC
27 November 2014
 27 November 2014
Finsbury Food Group plc
ISSUE OF NEW SHARES
The Company announces that Mr John Duffy, Chief Executive, and Steve Boyd, Finance Director, have both been issued ordinary shares of 1p each ("Ordinary Shares")as part of the payment under the Long-Term Incentive Scheme referred to in the Remuneration Committee Report in the Company's 2014 Annual Report & Accounts. Mr Duffy has been issued 140,499 Ordinary Shares and Mr Boyd has been issued 89,051 Ordinary Shares.
An application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur on 3rd December 2014. Following Admission the Company's issued share capital will consist of 126,455,868 Ordinary Shares.
Following Admission, Mr Duffy and Mr Boyd will have beneficial interests in 1,995,662 and 644,188 Ordinary Shares respectively, representing approximately 1.58 per cent. and 0.51 per cent. of the Company's enlarged issued share capital.
For further information:
Finsbury Food Group plc www.finsburyfoods.co.uk
John Duffy (Chief Executive) 029 20 357 500
Stephen Boyd (Finance Director)
Cenkos Securities plc 020 7397 8927
Bobbie Hilliam (Corporate Finance)
Redleaf Polhillfinsbury@redleafpr.com
Emma Kane/Rebecca Sanders-Hewett020 7566 6720
Jenny Bahr

This information is provided by RNS
The company news service from the London Stock Exchange
  END
IOELLFLRLVLDFIS