Porvair PLC Block listing update (1338P)
08 Octubre 2019 - 4:00AM
UK Regulatory
TIDMPRV
RNS Number : 1338P
Porvair PLC
08 October 2019
8 October 2019
Porvair plc
("Porvair" or the "Group")
Block listing update
Porvair, the specialist filtration and environmental
technologies group, announces that an application has been made to
the Financial Conduct Authority ("FCA") and London Stock Exchange
("LSE") in order to increase an existing block listing of ordinary
shares of 2 pence per share ("Ordinary Shares") used to satisfy the
issue of shares pursuant to exercises of options under the Porvair
plc SAYE Share Option Plan 2014 ("SAYE Plan").
Application has been made for the admission of 510,269 new
Ordinary Shares to the premium listing segment of the Official List
of the FCA and to trading on the main market of the LSE (together
"Admission"). New Ordinary Shares issued under the block listing
will rank pari passu in all respect with the existing Ordinary
Shares of the Company. It is expected that Admission will become
effective on 10 October 2019.
In addition, the Company currently has 21,925 new Ordinary
Shares admitted (but not yet issued) under an existing block
listing that relate to the Porvair Long Term Share Plan 2008 (the
"LTSP"). All share issues expected to be required in order to
satisfy the exercise of options under the LTSP have been made and,
as a result, the associated LTSP block listing will be cancelled.
The Company made 151,375 allotments under the LTSP since the last
block listing return. The block listing return, as at 7 October
2019 is set out below.
The Company's issued share capital will not change as a result
of the changes to the block listings set out above.
Total Voting Rights
The Company's issued share capital consists of 45,843,599
Ordinary Shares with voting rights. Therefore, the total number of
voting rights in the Company will be 45,843,599. This figure 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 to their interest in, the
Company under the disclosure guidance issued by the FCA and the
transparency rules made by the FCA under section 89A(1) of the
Financial Services and Markets Act 2000, as amended.
For more information, contact:
Porvair plc
Ben Stocks, Chief Executive 01553 765 500
Chris Tyler, Group Finance Director 01553 765 500
Buchanan 0207 466 5000
Charles Ryland / Stephanie Watson
Notes to Editors
Porvair is a group of specialist filtration and environmental
technology businesses. Its businesses design and manufacture a
range of bespoke consumable filtration products that are used in a
range of niche filtration markets. It operates in three divisions:
Aerospace & Industrial; Laboratory; and Metal Melt Quality.
Name of applicant: Porvair plc
Name of scheme: Porvair Long Term Share Plan 2008
----------------------------------------
Period of return: From: 31 January 2018 To: 7 October 2019
----------------------- ---------------- ----- ---------------
Balance of unallotted securities under scheme(s) from previous return: 173,300
----------------------------------------
Plus: The amount by which the block scheme(s) has been increased since the -
date of the last
return (if any increase has been applied for):
----------------------------------------
Less: Number of securities issued/allotted under scheme(s) during period
(see LR3.5.7G): (151,375)
----------------------------------------
Equals: Balance under scheme(s) not yet issued/allotted at end of period: 21,925
----------------------------------------
Name of applicant: Porvair plc
Name of scheme: Porvair plc SAYE Share Option Plan 2014
--------------------------------------------
Period of return: From: 31 January 2018 To: 7 October 2019
----------------------- ------------------ ------ ----------------
Balance of unallotted securities under scheme(s) from previous return: 129,561
--------------------------------------------
Plus: The amount by which the block scheme(s) has been increased since
the date of the last
return (if any increase has been applied for): 510,269
--------------------------------------------
Less: Number of securities issued/allotted under scheme(s) during
period (see LR3.5.7G): (51,049)
--------------------------------------------
Equals: Balance under scheme(s) not yet issued/allotted at end of
period: 588,781
--------------------------------------------
Name of contact: Chris Tyler (Group Finance Director)
Telephone number of contact: 01553 765 500
-------------------------------------
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END
ALSUWVWRKNARRRA
(END) Dow Jones Newswires
October 08, 2019 05:00 ET (09:00 GMT)
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