Mortgage Advice Bureau(Holdings)PLC Issue of Equity and Total Voting Rights (7226O)
02 Juin 2020 - 4:37PM
UK Regulatory
TIDMMAB1
RNS Number : 7226O
Mortgage Advice Bureau(Holdings)PLC
02 June 2020
Mortgage Advice Bureau (Holdings) plc ("MAB" or the
"Company")
2 June 2020
Mortgage Advice Bureau (Holdings) plc ("MAB" or the
"Company")
Issue of Equity and Total Voting Rights
On 21 May 2015 the Company granted 255,000 options to a number
of its Appointed Representatives under the Mortgage Advice Bureau
Appointed Representative Option Plan (the "AR Option Plan"). The AR
Option Plan, the details of which are set out in the Company's
Admission Document, was set up to reward selected Appointed
Representatives of the Company. The options vested on the fifth
anniversary of grant subject to performance conditions, and a total
of 230,760 options vested as a result of those conditions.
The Company announces that it has issued 230,760 new ordinary
shares of 0.1p each in the Company ("Shares") as a result of an
exercise of options under the AR Option Plan.
Application has been made to the London Stock Exchange for
admission of 230,760 Shares to trading on AIM ("Admission").
Admission is expected to become effective on 8 June 2020.
Following Admission, the Company's issued share capital will
consist of 52,063,761 ordinary shares of 0.1 pence each, with
voting rights. The Company does not hold any Ordinary Shares in
Treasury.
Therefore, the total number of Ordinary Shares with voting
rights will be 52,063,761, and this figure may be used by
shareholders in the Company as the denominator for the calculations
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 under the Financial Conduct Authority's Disclosure and
Transparency Rules.
Enquiries:
Mortgage Advice Bureau (Holdings) plc +44 (0)1332 525007
Peter Brodnicki, Chief Executive Officer
Ben Thompson, Deputy Chief Executive Officer
Lucy Tilley, Chief Financial Officer
Nominated Adviser and Broker:
Numis Securities Limited
Stephen Westgate / Hugo Rubinstein (Corporate Finance) +44 (0)20 7260 1000
Media Enquiries:
investorrelations@mab.org.uk
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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