REG - Likewise Group PLC - Employee SAYE, Issue of Ordinary Shares and TVR

LikewiseAnnouncement

25/04/2023 16:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230425:nRSY4294Xa&default-theme=true

RNS Number : 4294X  Likewise Group PLC  25 April 2023

25 April 2023

Likewise Group plc

 

("Likewise" or the "Group")

Employee SAYE, Issue of Ordinary Shares and Total Voting Rights

 

Likewise Group plc (AIM:LIKE), the fast growing UK floor coverings
distributor, announces the grant of new share options to employees through its
Save As You Earn ("SAYE") share option scheme and the issue of ordinary shares
of £0.01 each ("Ordinary Shares") to good leavers from the Group's existing
SAYE schemes.

SAYE Scheme

Likewise has granted options over a total of 4,462,181 Ordinary Shares under
its SAYE share option scheme in accordance with HMRC rules. The 2023 SAYE
options have an exercise price, calculated in accordance with the rules of the
SAYE scheme, of 17 pence and vest 3 or 5 years from the contract date of 1
June 2023.

Following the issue of the SAYE options, the Group has 26,847,431 options
outstanding in total.

Issue of Ordinary Shares

The Group has also issued 22,500 Ordinary Shares (the "Issue") to one employee
who was a good leaver under the terms of the existing SAYE schemes of
Likewise. 22,500 Ordinary Shares are being issued at a price of 10 pence each.

Total Voting Rights

Application has also been made for 22,500 Ordinary Shares pursuant to the
Issue to be admitted to trading on AIM ("Admission"), with dealings expected
to commence at 8.00 a.m. on 2 May 2023.

Following Admission, the total number of voting rights in the Company will be
243,858,480. 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.

For further information, please contact:

 Likewise Group plc                                                      Tel: 0121 817 2900

 Tony Brewer, Chief Executive

 Roy Povey, Chief Financial Officer
 Zeus (Nominated Adviser & Joint Broker)                                 Tel: 0203 829 5000

 Jordan Warburton / David Foreman / James Edis (Investment Banking)

 Dominic King (Corporate Broking)

 Ravenscroft Consultancy & Listing Services Limited (Joint Broker)       Tel: 01481 732746

 Semelia Hamon (Corporate Finance)
 Novella Communications (Financial PR)                                   Tel: 0203 151 7008

 Claire de Groot / Tim Robertson

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCEELFLXZLFBBK