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REG - Headlam Group PLC - Employee Long Service Awards Scheme

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RNS Number : 3180W  Headlam Group PLC  14 April 2023

14/04/2023

Headlam Group plc

('Headlam' or the 'Company')

 

Employee Long Service Awards Scheme

 

Transfer of Treasury Shares

 

Per the Company's final results announcement and 2022 Annual Report and
Accounts published in March 2023, an Employee Long Service Awards Scheme
('Scheme') has been launched to recognise and applaud the long service of
colleagues across the group. The Scheme awards colleagues after certain
milestones of service with a monetary gift and, for longer serving employees,
an award of ordinary shares in the Company.  Ordinary share awards will be
granted bi-annually under the Scheme using service milestones.

Following the Scheme's launch, the Company announces that, on 13 April 2023, a
total of 120,200 ordinary shares of 5 pence each were awarded to certain
employees at nil cost recognising their long service. 120,200 ordinary shares
of 5 pence each have been transferred from treasury stock for the purpose of
satisfying the awards. Following the above transfer of treasury stock, the
Company holds 4,877,515 ordinary shares as treasury shares.

The total number of ordinary shares in issue (excluding shares held as
treasury shares) is 80,761,694 with one voting right per share. Therefore, the
total number of voting rights in the Company is 80,761,694.

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.

 

 

 Headlam Group plc                                Tel: 01675 433 000
 Chris Payne, Chief Executive                     Email: headlamgroup@headlam.com (mailto:headlamgroup@headlam.com)
 Catherine Miles, Director of IR and ESG
 Panmure Gordon (UK) Limited (Corporate Broker)   Tel: 020 7886 2500
 Tom Scrivens / Atholl Tweedie

 Peel Hunt LLP (Corporate Broker)                 Tel: 020 7418 8900
 George Sellar / John Welch

 

 

 

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