REG - Wilmington PLC - Issue of Ordinary Shares

WilmingtonAnnouncement

07/12/2023 14:30

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RNS Number : 0770W  Wilmington PLC  07 December 2023

7 December 2023

 

Wilmington plc

Issue of ordinary shares

 

In October 2020,  Save As You Earn Options ('SAYE Options') with a per share
exercise price of £0.96 over 984,973 ordinary shares in Wilmington plc (the
"Company") were granted under the Wilmington SAYE Plan 2018 (the "SAYE
Scheme") to employees of the Company and its subsidiaries. Participation in
the SAYE Scheme was open to all eligible employees as defined by the scheme.
The exercise price of £0.96 was calculated in accordance with the rules as
set out in the SAYE Scheme.

In December 2023 the SAYE Options vested, and can be exercised within six
months following vesting.

 

In accordance with Section 551 of the Companies Act 2006 and under the
authority of its shareholders, Wilmington plc announces that it has issued a
further 43,500 ordinary voting shares to satisfy the Company's obligations in
respect of awards and options exercised under the 2018 Wilmington Save As You
Earn plan. Application has been made to the UK Listing Authority and the
London Stock Exchange for 43,500 ordinary shares of 5 pence each to be
admitted to the Official List and to trading on the Main Market. It is
expected that trading will commence on 8 December 2023. These shares will rank
pari passu with the existing issued shares of the Company.

 

Following the issue of further ordinary shares of 5 pence each the Company now
has issued voting share capital of  89,541,679 ordinary shares of 5 pence
each.

 

 

Guy Millward

Company Secretary and Chief Financial Officer

 

For further information, please contact:

 

Wilmington
plc
020 7422 6800

Guy Millward, Chief Financial Officer

 

 

Notes to Editors

Wilmington plc is the recognised knowledge leader and partner of choice for
data, information, education and training in the global Governance, Risk and
Compliance (GRC) markets. Wilmington employs close to 1,000 people and sells
to around 120 countries. Wilmington is listed on the main market of the London
Stock Exchange.

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