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RNS Number : 7242N Marlowe PLC 26 September 2023
26 September 2023
Marlowe plc
Block Admission
Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical
services and software which assure regulatory compliance, announces that
application has been made for a block admission of 699,000 ordinary shares in
the capital of the Group ("Ordinary Shares") to be admitted to trading on AIM
("Admission") in respect of new Ordinary Shares which may be issued from time
to time on the exercise of options awarded under Marlowe's 2020 SAYE scheme
(the "SAYE Options"). The award of the SAYE Options was announced by Marlowe
on 2 September 2020.
New Ordinary Shares issued under the block admission will rank pari passu in
all respects with Ordinary Shares and it is expected that Admission will
become effective at 8.00 a.m. on 2 October 2023.
There is no change to the Group's issued share capital as a result of this
block admission and, following Admission the Group will continue to have
96,481,891 Ordinary Shares in issue. There are no shares held in treasury and
thus the total number of voting rights in the Group is 96,481,891.
The Group will notify on a monthly basis when there are changes to the issued
share capital of the Group, and these monthly figures may be used by
shareholders as the denominator for the calculation by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Group, under the FCA's Disclosure
Guidance and Transparency Rules.
For further information:
Marlowe plc
Alex Dacre, Chief Executive www.marloweplc.com (http://www.marloweplc.com)
Adam Councell, Chief Financial Officer Tel: +44 (0) 203 813 8498
Benjamin Tucker, Investor Relations Manager
Cavendish Securities plc (Nominated Adviser and Joint Broker)
Ben Jeynes Tel: +44 (0)20 7220 0500
George Lawson
Berenberg (Joint Broker)
Ben Wright Tel: +44 (0)20 3207 7800
Mark Whitmore
Stifel (Joint Broker)
Matthew Blawat Tel: +44 (0)20 7710 7688
Francis North
FTI Consulting
Nick Hasell Tel: +44 (0)20 3727 1340
Alex Le May
About Marlowe plc
Marlowe is a leader in business-critical services and software which assure
regulatory compliance. The company was formed to create sustainable
shareholder value through the acquisition and development of businesses that
provide regulated safety and compliance services and software. It is focused
on compliance software, eLearning, health & safety, employment law &
HR compliance, fire safety & security, water & air hygiene and
occupational health services - all of which are vital to the wellbeing of its
customers operations and are invariably governed by regulation. Marlowe
currently provides software to over 1 million users and services to over 25%
of Britain's commercial premises. The Group provides customers with a single
outsourced, nationwide, provider of a range of regulated compliance and safety
solutions. Our customers can be found in office complexes, high streets &
leisure facilities, manufacturing plants and industrial estates, and include
thousands of SMEs, local authorities, facilities management providers,
multi-site NHS trusts and FTSE 100 companies.
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