REG - Restore PLC - SAYE and share option equity issue

RestoreAnnouncement

23/08/2022 07:00

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RNS Number : 8389W  Restore PLC  23 August 2022

23 August 2022

Restore plc

 

("Restore" or the "Company")

 

SAYE and share option equity issue

 

Restore plc (AIM: RST), the UK's leading provider of digital and information
management and secure lifecycle services, announces that following the vesting
of the Company's 2019 Save As You Earn scheme ("SAYE") and in order to provide
settlement capacity for other management share based incentives, it has issued
and allotted 250,000 new ordinary shares of 5 pence each in the Company ("New
Ordinary Shares") to the Restore Employee Benefit Trust.

 

Accordingly, application has been made for the New Ordinary Shares to be
admitted to trading on AIM and it is expected that admission will become
effective and that dealings will commence in the New Ordinary Shares at 08.00
a.m. on 26 August 2022 ("Admission").  The New Ordinary Shares will rank,
pari-passu, with existing ordinary shares.

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules (DTR
5.6.1R) the Company hereby notifies the market that immediately following
Admission, its issued share capital will consist of 136,924,067 Ordinary
Shares of 5 pence each, none of which are held in treasury. 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:

 

 Restore plc                                          www.restoreplc.com (http://www.restoreplc.com)
 Charles Bligh, CEO                                   +44 (0) 207 409 2420

 Neil Ritchie, CFO

 Investec (Nominated Adviser and Joint Broker)        www.investec.com
                                                      (file:///C%3A/Users/M_Hartley/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/CPRLD4QW/www.investec.com)
 Carlton Nelson                                       +44 (0) 207 597 5970

 James Rudd

 Canaccord Genuity (Joint Broker, Corporate Advisor)  www.canaccordgenuity.com
                                                      (file:///C%3A/Users/M_Hartley/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/CPRLD4QW/www.canaccordgenuity.com)
 Max Hartley                                          +44 (0) 207 523 8000

 Chris Robinson

 Citi (Joint Broker)                                  www.citigroup.com
                                                      (file:///C%3A/Users/M_Hartley/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/CPRLD4QW/www.citigroup.com)
 Stuart Field                                         +44 (0) 207 986 4074

 Laura White

 Buchanan Communications (PR enquiries)               www.buchanan.uk.com (http://www.buchanan.uk.com)
 Charles Ryland                                       +44 (0) 207 466 5000

 Stephanie Whitmore

 

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