Van Elle Holdings PLC Block Listing Application (4791P)
10 October 2023 - 5:00PM
UK Regulatory
TIDMVANL
RNS Number : 4791P
Van Elle Holdings PLC
10 October 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
720,000 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 Long Term Incentive Plan 2016 scheme.
It is expected that admission of the new Ordinary Shares will
become effective at 08.00 a.m. on 13 October 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
Long Term Incentive 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 / Ben Harrington
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. Formed in 1984 and listed on AIM in 2016,
the Company provides a wide 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 diverse end markets including residential and housing,
infrastructure and regional construction - across which the Group
has completed more than 20,000 projects over the last 35 years.
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END
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