CKN Clarkson Plc

TIDMCKN

RNS Number : 0630D

Clarkson PLC

23 October 2020

CLARKSON PLC

("the Company")

23 October 2020

Block listing application

The Company announces that an application has been made to the Financial Conduct Authority and the London Stock Exchange for the block listing of 58,588 Ordinary Shares of 25p each (the "Shares") to trade on the London Stock Exchange and to be admitted to the Official List.

The shares will be issued from time to time pursuant to the exercise of options under the Clarkson PLC ShareSave Plan and the Clarkson PLC International ShareSave Plan. On exercise, the Shares will rank pari passu in all respects with the existing issued ordinary shares of the Company.

It is expected that admission of the new Shares will be effective on 26 October 2020.

For further details please contact:

Company enquiries:

Rachel Spencer

Company Secretary

Tel: +44(0)20 7334 3476

Camarco:

Billy Clegg

Jennifer Renwick

Tel: +44(0)20 3757 4983 / 4994

About Clarkson PLC

Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors. Clarksons continues to drive innovation across its business, developing digital solutions which underpin the Group's unrivalled expertise and knowledge with leading technology.

The Group employs over 1,600 people in 53 different offices across its four divisions and is number one or two in all its market segments.

The Company has delivered 17 years of consecutive dividend growth. The highly cash-generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on the upturn in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com .

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(END) Dow Jones Newswires

October 23, 2020 05:44 ET (09:44 GMT)

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