REG - Shearwater Group PLC - Block Admission

ShearwaterAnnouncement

Wed 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251210:nRSJ9094Ka&default-theme=true

RNS Number : 9094K  Shearwater Group PLC  10 December 2025

10 December 2025

 

Shearwater Group PLC

("Shearwater" or "the Group")

Block Admission

 

Shearwater Group plc, the cybersecurity, advisory and managed security
services group, announces that it has today made application for the block
admission (the "Block Admission") of up to a total of 475,000 new ordinary
shares of 10 pence each in the Company ("Ordinary Shares") to be admitted to
trading on AIM ("Admission"). It is expected that Admission will occur at 8.00
a.m. on 15 December 2025.

The Block Admission is being put in place in connection with the vesting of
options to subscribe for new Ordinary Shares under the Group's Long Term
Incentive Plan (the "LTIP Options"), as previously announced. The LTIP Options
vested on 31 October 2025. The Block Admission has been made to enable the
Group to efficiently handle future issues of new Ordinary Shares, which will
when issued rank pari passu with the existing Ordinary Shares, from time to
time pursuant to the exercise of LTIP/SAYE Options.

The total number of Ordinary Shares in the Company as at the date of this
announcement is 23,826,379. There are currently no shares held in treasury.
The total number of voting rights in the Company is therefore 23,826,379. This
figure may be used by shareholders 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 Disclosure Guidance and
Transparency Rules.

The Company will notify on a monthly basis when there are changes to the
issued share capital of the Company, 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 Company. The Company will also
make six-monthly announcements regarding the utilisation of the Block
Admission.

 

Enquiries:

 Shearwater Group plc  www.shearwatergroup.com         c/o Alma
 (http://www.shearwatergroup.com)

 David Williams, Chairman

 Phil Higgins, CEO

 Jonathan Hall, CFO

 Cavendish Capital Markets Limited - NOMAD and Broker  +44 (0) 207 220 0500

 Adrian Hadden / Ben Jeynes - Corporate Finance

 Dale Bellis / Michael Johnson - Sales

 Alma Strategic Communications                         shearwater@almastrategic.com

 Justine James / Joe Pederzolli / Emma Thompson        +44 (0) 20 3405 0205

 

About Shearwater Group plc

Shearwater Group plc is an award-winning group providing cyber security,
managed security and professional advisory solutions to create a safer online
environment for organisations and their end users.

The Group's differentiated full service offering spans identity and access
management and data security, cybersecurity solutions and managed security
services, and security governance, risk and compliance. Its growth strategy is
focused on building a scalable group that caters to the entire spectrum of
cyber security and managed security needs, through a focused buy and build
approach.

The Group is headquartered in the UK, serving customers globally across a
broad spectrum of industries.

Shearwater shares are listed on the London Stock Exchange's AIM under the
ticker "SWG".  For more information, please visit www.shearwatergroup.com
(http://www.shearwatergroup.com/) . (http://www.shearwatergroup.com/)

 

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  ALSBIBDDGSGDGUC



            Copyright 2019 Regulatory News Service, all rights reserved