REG - Likewise Group PLC - Grant of Options, SAYE Exercise & TVR

LikewiseAnnouncement

05/09/2023 07:00

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RNS Number : 3458L  Likewise Group PLC  05 September 2023

5 September 2023

Likewise Group plc

("Likewise", the "Company" or the "Group")

Grant of Options, SAYE Exercise & Total Voting Rights

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

Grant of Options

Likewise has granted options over 400,000 Ordinary Shares to four employees of
the Group under the rules of the Group's existing company share option plan
("CSOP"). None of the awards have been granted to PDMRs or senior management
of the Group. The CSOP options have an exercise price of 18.25 pence per
Ordinary Share and are exercisable three years after grant.

Following the issue of the CSOP options, the Group has 26,206,804 options
outstanding in total.

Issue of Ordinary Shares

The Group has also issued 106,000 Ordinary Shares (the "Issue") at a price
of 10 pence each to one employee who was a good leaver under the terms of
the existing SAYE schemes of Likewise.

Total Voting Rights

Application has also been made for 106,000 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 8 September 2023.

Following Admission, the total number of voting rights in the Company will be
243,964,480.

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

 

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