LoopUp Group PLC Block Listing Application (5795S)
17 November 2021 - 2:38AM
UK Regulatory
TIDMLOOP
RNS Number : 5795S
LoopUp Group PLC
16 November 2021
16 November 2021
LOOPUP GROUP PLC
("LoopUp" or the "Group")
Block Listing Application
LoopUp Group plc (AIM: LOOP), the cloud platform for premium
external communications, announces that application has been made
to the London Stock Exchange for a block listing of securities in
respect of 2,772,059 ordinary shares of 0.5 pence each (the "New
Ordinary Shares").
The block listing application related to New Ordinary Shares to
be issued from time to time to satisfy the allotment of shares
pursuant to the existing Employee Stock Purchase Plan (the "ESPP").
The ESPP was approved (up to a total of 2,772,059 shares) at the
Group's AGM held on 15 June 2021.
Employees who elect to participate in the ESPP are sacrificing a
portion of their salary in return for the allotment of shares.
Admission is expected to become effective on 17 November 2021.
When issued, the shares will rank pari passu in all respects with
the existing issued ordinary shares of the Group.
For further information, please contact:
LoopUp Group plc via FTI
Steve Flavell, co-CEO
+44 (0) 20 7886
Panmure Gordon (UK) Limited 2500
Dominic Morley / Alina Vaskina (Corporate
Finance)
Erik Anderson (Corporate Broking)
+44 (0) 20 3727
FTI Consulting, LLP 1000
Matt Dixon / Jamille Smith / Tom Blundell
About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a cloud platform for premium
specialist communications, focusing on capabilities that complement
foundational unified communications platforms, such as Microsoft
Teams. The Group's flagship Cloud Telephony solution for Microsoft
Teams enables enterprise customers to eliminate disparate
on-premises phone systems and multiple telecommunications service
providers, and consolidate their global telecommunications into a
single cloud implementation. LoopUp's global IP backbone
interconnects with 18 carefully selected regional carrier partners
and the Group has market-leading coverage as a licensed
telecommunications service provider. The Group is listed on the AIM
market of the London Stock Exchange (LOOP) and is headquartered in
London, with offices in the US, Spain, Germany, Hong Kong, Barbados
and Australia. For further information, please visit:
www.loopup.com
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END
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