REG - Flowtech Fluidpower - Exercise of Options and Total Voting Rights

Flowtech FluidpowerAnnouncement

20/05/2024 07:00

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RNS Number : 0019P  Flowtech Fluidpower PLC  20 May 2024

 

 

Monday, 20 May 2024

 

 

 

Flowtech Fluidpower plc

("the Company")

 

Exercise of Options, Issue of Ordinary Shares and Total Voting Rights

 

Flowtech Fluidpower plc (AIM: FLO), the specialist full-service supplier of
technical fluid power products and services, announces that options over a
total of 182,500 ordinary shares of 50 pence each ("Ordinary Shares") have
been exercised under the 'Flowtech Fluidpower plc Enterprise Management
Incentive Plan' (the "Exercise").

Issue of Ordinary Shares

Application has been made to the London Stock Exchange for the 182,500
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will become effective, and that trading will commence, at 8.00
a.m. on 22 May 2024.

Total Voting Rights

Following Admission, the total number of voting rights in the Company will be
61,675,173. Shareholders may use this figure 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 Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

 

 Enquiries:

 Flowtech Fluidpower plc

 Roger McDowell, Non-Executive Chair

 Mike England, Chief Executive Officer

 Russell Cash, Chief Financial Officer

 Tel: +44 (0) 1695 52759

 Email: info@flowtechfluidpower.com (mailto:info@flowtechfluidpower.com)

 To read more about the Group please visit: www.flowtechfluidpower.com
 (http://www.flowtechfluidpower.com) .

 Liberum (Nominated adviser and Sole Broker)

 Richard Lindley / Will King

 Tel: +44 (0) 20 3100 2000

 TooleyStreet Communications (IR and media relations)

 Fiona Tooley

 Tel: +44 (0) 7785 703523

 or email: fiona@tooleystreet.com (mailto:fiona@tooleystreet.com)

 

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