Brickability Group PLC Block Admission (8223T)
27 July 2022 - 4:00PM
UK Regulatory
TIDMBRCK
RNS Number : 8223T
Brickability Group PLC
27 July 2022
Brickability Group PLC
LEI: 213800SK28MWXB3K3P26
27 July 2022
Brickability Group plc
("Brickability" or "the Group")
Block Admission
Brickability Group plc (AIM: BRCK), the leading construction
materials distributor, announces that it has today made application
for the block admission (the "Block Admission") of up to a total of
2,980,417 new ordinary shares of 1 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 2 August
2022.
Following Admission, the Company will continue to have
298,534,802 Ordinary Shares in issue, which remains unchanged from
previous notifications.
Ahead of the vesting on 1 August 2022 of 2,980,417 options to
subscribe for new Ordinary Shares at a price of 41 pence per new
Ordinary Share under the Group's Company Share Option Plan (the
"CSOP Options"), details of which were set out in the Company's AIM
admission document, 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 CSOP
Options.
For further information please contact:
Brickability Group plc via Montfort Communications
John Richards, Chairman
Alan Simpson, CEO
Mike Gant, CFO
Cenkos Securities plc (Nominated adviser
and broker)
Ben Jeynes, Max Gould (Corporate Finance)
Julian Morse, Alex Pollen (Sales) +44 (0) 20 7397 8900
Montfort Communications
James Olley
Georgia Colkin +44 (0) 203 514 0897
About Brickability
Brickability is a leading construction materials distributor,
serving customers across the UK and Europe for over 36 years
through its national and local networks. The Group supplies over
550m bricks annually and has over 55 locations across the country
with over 600 employees.
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END
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