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RNS Number : 5795S LoopUp Group PLC 16 November 2021
16 November 2021
LOOPUP GROUP PLC
("LoopUp" or the "Group")
Block Listing Application
LoopUp Group plc (AIM: LOOP), the cloud platform for premium external
communications, announces that application has been made to the London Stock
Exchange for a block listing of securities in respect of 2,772,059 ordinary
shares of 0.5 pence each (the "New Ordinary Shares").
The block listing application related to New Ordinary Shares to be issued from
time to time to satisfy the allotment of shares pursuant to the existing
Employee Stock Purchase Plan (the "ESPP"). The ESPP was approved (up to a
total of 2,772,059 shares) at the Group's AGM held on 15 June 2021.
Employees who elect to participate in the ESPP are sacrificing a portion of
their salary in return for the allotment of shares.
Admission is expected to become effective on 17 November 2021. When issued,
the shares will rank pari passu in all respects with the existing issued
ordinary shares of the Group.
For further information, please contact:
LoopUp Group plc via FTI
Steve Flavell, co-CEO
Panmure Gordon (UK) Limited +44 (0) 20 7886 2500
Dominic Morley / Alina Vaskina (Corporate Finance)
Erik Anderson (Corporate Broking)
FTI Consulting, LLP +44 (0) 20 3727 1000
Matt Dixon / Jamille Smith / Tom Blundell
About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a cloud platform for premium specialist
communications, focusing on capabilities that complement foundational unified
communications platforms, such as Microsoft Teams. The Group's flagship Cloud
Telephony solution for Microsoft Teams enables enterprise customers to
eliminate disparate on-premises phone systems and multiple telecommunications
service providers, and consolidate their global telecommunications into a
single cloud implementation. LoopUp's global IP backbone interconnects with 18
carefully selected regional carrier partners and the Group has market-leading
coverage as a licensed telecommunications service provider. The Group is
listed on the AIM market of the London Stock Exchange (LOOP) and is
headquartered in London, with offices in the US, Spain, Germany, Hong Kong,
Barbados and Australia. For further information, please visit: www.loopup.com
(http://www.loopup.com)
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