Van Elle Holdings PLC Block Listing Application (5692T)
21 March 2023 - 6:00PM
UK Regulatory
TIDMVANL
RNS Number : 5692T
Van Elle Holdings PLC
21 March 2023
21 March 2023
Van Elle Holdings plc
('Van Elle', or the 'Company')
Block Listing Application
Van Elle Holdings plc (AIM: VANL), the UK's largest ground
engineering contractor, announces that an application has been made
to the London Stock Exchange for admission to trading on AIM of
447,500 new ordinary shares of 2 pence each in the Company
("Ordinary Shares").
The shares will be admitted under a block listing facility in
order to satisfy the future exercise of options pursuant to the
Company's Share Option Plan 2016 scheme.
It is expected that admission of the new Ordinary Shares will
become effective at 08.00 a.m. on 24 March 2023. The new Ordinary
Shares will rank, pari passu, with the existing Ordinary Shares in
issue and the new Ordinary Shares will be allotted from time to
time in accordance with the exercise of options under the Company's
Share Option Plan 2016 scheme.
For further information, please contact:
Van Elle Holdings plc Via Walbrook
Mark Cutler, Chief Executive Officer
Graeme Campbell, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Tel: 020 7418 8900
corporate broker)
Ed Allsopp / Mike Bell
Walbrook PR Limited Tel: 020 7933 8780
or vanelle@walbrookpr.com
Tom Cooper / Nick Rome 07971 221 972 or 07748
325 236
About Van Elle Holdings plc:
Van Elle Holdings is the UK's largest specialist geotechnical
engineering contractor. The Company provides a range of ground
engineering techniques and services including - ground
investigation, general and specialist piling, rail geotechnical
engineering, modular foundations, and ground improvement and
stabilisation services.
Van Elle operates through three divisions: General Piling,
Specialist Piling and Rail, and Ground Engineering Services; and is
focused on three end markets: residential and housing,
infrastructure and regional construction - across which the Group
has completed more than 20,000 projects over the last 35 years.
General Piling provides a range of larger piling and ground
engineering solutions for open-site construction projects.
Specialist Piling and Rail provides a range of geotechnical
solutions in operationally constrained environments including
on-track rail applications. Ground Engineering Services offers a
range of ground investigation and geotechnical services and modular
foundation solutions such as Smartfoot(R). Van Elle has a
market-leading reputation and the UK's largest rig fleet of 122
rigs.
Having floated on AIM in 2016 it now has a strong national
presence, diversified offering and market-leading brand name.
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