REG - Lords Group Trading - Block Admission Update

Lords TradingAnnouncement

Tue 07:02

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RNS Number : 8259T  Lords Group Trading PLC  05 August 2025

5 August 2025

 

Lords Group Trading plc

('Lords, the 'Company' or the 'Group')

 

Block Admission Update

 

Lords, a leading distributor of building materials in the UK, provides an
update in relation to the Company's block admission arrangements ('Block
Admission') in respect of new ordinary shares of £0.005 pence each ('Ordinary
Shares') which may be issued as a result of exercises of existing options to
subscribe for new Ordinary Shares pursuant to the Company's 2021 Deferred
Bonus Plan.

 

Block Admission Interim Review

 

Pursuant to Rule 29 of, and Schedule Six to, the AIM Rules for Companies, the
Company provides the following notification regarding its Block Admission.

 

 Name of applicant:                                                                Lords Group Trading plc

 Name of scheme:                                                                   Nil cost options awarded to employees of the Company to subscribe for new
                                                                                   Ordinary Shares in the Company in respect of the Company's 2021 Deferred Bonus
                                                                                   Plan.

 Period of return:                        From:                                    05.02.2025                   To:                          05.08.2025

 Balance of unallotted securities under scheme(s) from previous return:            312,602 Ordinary Shares

 Plus:  The amount by which the block scheme(s) has been increased since the       Nil
 date of the last return (if any increase has been applied for):

 Less:  Number of securities issued/allotted under scheme(s) during period         66,027 Ordinary Shares
 (see LR3.5.7G):

 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        246,575 Ordinary Shares

 Number and class of securities originally admitted and the date of admission:     388,604 Ordinary Shares - 5 February 2024

 Name of Contact                                                                   Stuart Kilpatrick

 Telephone Number of Contact                                                       +44 (0)20 7583 8304

 

 

FOR FURTHER ENQUIRIES:

 

 Lords Group Trading plc                                    Via Burson Buchanan
 Shanker Patel, Chief Executive Officer                     Tel: +44 (0) 20 7466 5000

 Stuart Kilpatrick, Chief Financial Officer

 Cavendish Capital Markets Limited                          Tel: +44 (0) 20 7220 0500

 Nominated Adviser and Joint Broker
 Ben Jeynes / Hamish Waller (Corporate Finance)

 Julian Morse / Matt Lewis / Henry Nichol (Sales and ECM)

 

 Berenberg                                                Tel: +44 (0) 20 3207 7800

 Joint Broker

 Harry Nicholas / Detlir Elezi

 Burson Buchanan (Financial Communications)               Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham / Steph Whitmore / Abby Gilchrist  LGT@buchanan.uk.com (mailto:LGT@buchanan.uk.com)

 

 

Notes to editors:

 

Lords is a specialist distributor of building, plumbing, heating and DIY
goods.  The Group principally sells to local tradesmen, small to medium sized
plumbing and heating merchants, construction companies and retails directly to
the general public.

 

The Group operates through the following three divisions:

 

Merchanting: supplies building materials and DIY goods through its network of
merchant businesses and online platform capabilities.  It operates both in
the 'light side' (building materials and timber) and 'heavy side' (civils and
landscaping), through 32 locations in the UK.

 

Plumbing and Heating: a specialist distributor in the UK of plumbing and
heating products to a UK network of independent merchants, installers and the
general public.  The division offers its customers an attractive proposition
through a multi-channel offering.  The division operates over 16 locations
enabling nationwide next day delivery service.

 

Digital: a market-leading e-commerce only platform serving UK homeowners and
trade professionals through a suite of specialist Superstore websites. With
over 140,000 listed products, the Superstores provide anyone building or
improving homes in the UK with a unique hybrid approach combining online
convenience with expert technical and customer support.

 

Lords was established over 40 years ago as a family business with its first
retail unit in Gerrards Cross, Buckinghamshire.  Since then, the Group has
grown to a business operating from 48 sites.

 

For additional information please visit www.lordsgrouptradingplc.co.uk
(http://www.lordsgrouptradingplc.co.uk) .

 

 

 

 

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