REG - Gear4music - Exercise of Options and Total Voting Rights

Gear4music (HOLDINGS)Announcement

24/07/2020 08:30

RNS Number : 0118U
  
Gear4music (Holdings) PLC
  
24 July 2020
  
 

24 July 2020 
 
Gear4music (Holdings) plc
 
Exercise of Options and Total Voting Rights
Gear4music (Holdings) plc ("Gear4music" or "the Group"), the largest UK based online retailer of musical instruments and music equipment, today announces that 4,848 ordinary shares of 10 pence each ("Ordinary Shares"), will be issued pursuant to the exercise of options by employees under the Company's 2017 CSOP Scheme.
Application has been made to the London Stock Exchange for the 4,848 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 8.00 a.m. on 29 July 2020.
Following Admission, the total number of Ordinary Shares in issue will be 20,950,176. This figure may be used by shareholders 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 and Transparency Rules.
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Enquiries:
 



Gear4music
Andrew Wass, Chief Executive Officer
Chris Scott, Chief Financial Officer


+44 (0)20 3865 9668




 


 




 
N+1 Singer - Nominated Adviser and Broker
Peter Steel/Justin McKeegan, Corporate Finance
Tom Salvesen, Corporate Broking


 
+44 (0)20 7496 3000
 




 


 




 
Alma - Financial PR
Rebecca Sanders-Hewett
Helena Bogle


 
+44 (0)20 3405 0205
gear4music@almapr.co.uk



                                                             
About Gear4music.com
Operating from a Head Office in York, and Distribution Centres and showrooms in York, Sweden and Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and, more recently, into the Rest of the World.
Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.
 


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