REG - Mears Grp PLC - Block Listing Application

MearsAnnouncement

19/06/2025 17:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250619:nRSS6478Na&default-theme=true

RNS Number : 6478N  Mears Group PLC  19 June 2025

19 June 2025

 

Mears Group plc

("Mears" or the "Company")

 

Block Listing Application

 

The Company announces that application has been made to the UK Listing
Authority ("UKLA") and the London Stock Exchange ("LSE") for the listing of
105,290 ordinary shares of 1 penny each ("Ordinary Shares") to trade on the
LSE and to be admitted to the Official List of the UKLA.

 

All of these Ordinary Shares are being reserved under an extension to an
existing block listing and will be issued as a result of the exercise of share
options pursuant to the following schemes:

 

 

 Scheme name                                 No. Ordinary Shares
 Mears Save As You Earn Scheme               26,118
 Mears Unapproved Company Share Option Plan  79,102
 Total                                       105,290

 

 

It is expected that admission of these Ordinary Shares will become effective
on 23 June 2025.  These Ordinary shares will rank, pari passu, with the
existing Ordinary Shares in issue and will be allotted from time to time in
accordance with the exercise of options under these various schemes.

 

For further information, contact:

Mears Group PLC

Ben Westran, Company Secretary
 
Tel: +44(0)1452 634600

www.mearsgroup.co.uk (http://www.mearsgroup.co.uk)

 

About Mears

 

Mears is a leading provider of services to the Housing sector, providing a
range of services to individuals within their homes. We manage and maintain
around 450,000 homes across the UK and work predominantly with Central
Government and Local Government, typically through long-term contracts. We
equally consider the residents of the homes that we manage and maintain to be
our customers, and we take pride in the high levels of customer satisfaction
that we achieve.

 

Mears currently employs over 5,000 people and provides services in every
region of the UK. In partnership with our Housing clients, we provide property
management and maintenance services. Mears has extended its activities to
provide broader housing solutions to solve the challenge posed by the lack of
affordable housing and to provide accommodation and support for the most
vulnerable.

 

We focus on long-term outcomes for people rather than short-term solutions and
invest in innovations that have a positive impact on people's quality of life
and on their communities' social, economic, and environmental wellbeing. Our
innovative approaches and market leading positions are intended to create
value for our customers and the people they serve while also driving
sustainable financial returns for our providers of capital, especially our
shareholders.

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  ALSGPUPAQUPAGAB