Wilmington PLC Share Awards (3041R)
20 September 2017 - 8:50PM
UK Regulatory
TIDMWIL
RNS Number : 3041R
Wilmington PLC
20 September 2017
20 September 2017
Wilmington plc
Share awards
In September 2014, Wilmington plc (the "Company") granted a
number of share awards under its Performance Share Plan ("PSP").
The vesting of these awards was conditional upon the achievement of
certain performance criteria. As a result of the Company's
performance over the three years to 30 June 2017, 150,024 ordinary
shares of 5 pence each vested on 19 September 2017 in favour of a
total of six employees and former employees of the company
(including Directors) ("Vested Shares").
A further 16,075 ordinary shares of 5 pence each were allocated
under the PSP scheme rules to reflect the value of the dividend
that would have been paid had the vested shares been issued in
September 2014 ("Dividend Shares").
In accordance with Section 551 of the Companies Act 2006 and
under the authority of its shareholders, the directors have issued
a further 166,099 ordinary voting shares to satisfy the Company's
obligations under the PSP. Application has been made to the UK
Listing Authority and the London Stock Exchange for 166,099
ordinary shares of 5 pence each to be admitted to the Official List
and to trading on the Main Market. It is expected that trading will
commence on 22 September 2017. These shares will rank pari passu
with the existing issued shares of the Company.
Following the issue of further ordinary shares of 5 pence each
the Company now has issued voting share capital of 87,367,489
ordinary shares of 5 pence each.
Daniel Barton
Company Secretary
For further information, please contact:
Wilmington plc 020 7490 0049
Pedro Ros, Chief Executive Officer
Tony Foye, Chief Financial Officer
Daniel Barton, Company Secretary
FTI Consulting 020 3727 1000
Charles Palmer
Emma Appleton
Notes to Editors
Wilmington plc, the provider of information, education and
networking services in Risk & Compliance, Professional and
Healthcare knowledge areas. Capitalised at approximately GBP202
million, Wilmington floated on the London Stock Exchange in
1995.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBGGDCISDBGRG
(END) Dow Jones Newswires
September 20, 2017 06:50 ET (10:50 GMT)
Wilmington (LSE:WIL)
Historical Stock Chart
From Apr 2024 to May 2024
Wilmington (LSE:WIL)
Historical Stock Chart
From May 2023 to May 2024