REG - Telecom Plus PLC - Block Listing Application

Telecom PlusAnnouncement

31/08/2022 07:00

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RNS Number : 6452X  Telecom Plus PLC  31 August 2022

Telecom Plus PLC

 

Block Listing Application

 

 

 

Telecom Plus PLC (the "Company") announces that an application has been made
to the FCA and the London Stock Exchange ("LSE") for the listing of 1,000,000
ordinary shares of 5 pence each in the Company ("Ordinary Shares") to trade on
the LSE and to be admitted to the FCA's Official List. All of these Ordinary
Shares are being reserved under a block listing and will be issued
periodically pursuant to historical awards made to employees and directors
under the Company's Long Term Incentive Plan 2016 ("LTIP 2016") approved by
shareholders in 2016.

 

It is expected that admission of these Ordinary Shares will become effective
on 1 September 2022. These shares, which will rank pari passu with the
existing Ordinary Shares in issue, will be allotted from time to time in
accordance with the vesting of existing awards made under the LTIP 2016.  The
LTIP 2016 was closed to new participants and removed from the Company's
Remuneration Policy in 2019.

 

 

 

 

For further information, please contact:

 

 

Telecom Plus PLC

 

David Baxter

Tel: (020) 8955 5000

 

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