SEC Newgate S.p.A. Issue of Equity (4206Z)
21 Mayo 2021 - 2:14AM
UK Regulatory
TIDMSECN
RNS Number : 4206Z
SEC Newgate S.p.A.
21 May 2021
21 May 2021
SEC Newgate S.p.A.
("SEC Newgate" or the "Company")
Issue of Equity
Stock Grant Plan
On 9 June 2016, the Board approved an incentive and retention
plan for the employees of the Company and its subsidiaries, to be
carried out through the free allocation of newly issued Ordinary
Shares, obtained through a free share capital increase in
accordance with Article 2349, Paragraph 1 of the Italian Civil Code
(the "Stock Grant Plan").
On 26 December 2020, the Company issued and allotted a total of
265,800 new Ordinary Shares to certain employees under the Stock
Grant Plan, however application for the new Ordinary Shares was not
made at the time.
Application and Total Voting Rights
Application is therefore being made to the London Stock Exchange
for a total of 265,800 new Ordinary Shares to be admitted to
trading on AIM ("Admission") and Admission is expected to occur on
or around 27 May 2021. The new Ordinary Shares will, upon issue,
rank pari passu with the existing Ordinary Shares in the
Company.
Following Admission, the Company's enlarged issued share capital
admitted to AIM will be 24,516,707 Ordinary Shares. The Company
holds no Ordinary Shares in Treasury. This figure of 24,516,707
Ordinary Shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
- ends -
For further information please contact:
SEC Newgate S.p.A.
Fiorenzo Tagliabue (Group CEO) Tel: +39 335 6008858
tagliabue@secrp.com
Emma Kane (Deputy Group CEO) Tel: +44 (0) 7876 338339
emma.kane@secnewgate.co.uk
Sergio Penna (Group CFO) Tel: +39 338 8357936
penna@secrp.com
Arden Partners (Nominated Adviser
and Broker)
Richard Johnson Tel: +44 207 614 5900
Notes to Editors
-- SEC Newgate is an award winning strategic communications
firm, which ranks in the Top 30 groups in the world. The Agency's
team consists of about 600 staff, working in 37 offices across five
continents.
-- SEC Newgate's focus is on achieving positive outcomes through
communications, advocacy and research, helping clients clearly
demonstrate their purpose, value, and impact locally, nationally
and internationally.
-- Further information is available at the Group's website: www.secnewgate.com
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END
IOESEISWFEFSESI
(END) Dow Jones Newswires
May 21, 2021 03:14 ET (07:14 GMT)
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