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AO World PLC applied for the admission of 1,649,459 ordinary shares of 0.25p each to the Official List and to trading on the London Stock Exchange. These shares are being issued to the AO World PLC Employee Benefit Trust to satisfy Share Awards under The AO 2018 Incentive Plan and options exercised under the AO World Sharesave Scheme (2020 grant). Admission is expected on 11 July 2023, after which the Company's issued share capital will consist of 578,570,448 ordinary shares.
| Date | 7 Jul 2023 |
| Time | 10:25:55 |
| Category | Capital structure |
| ID | 3549F |
7 July 2022
AO World PLC
(the "Company")
Additional Listing Application and Total Voting Rights
AO World PLC announces that an application has been made for 1,649,459 ordinary shares of 0.25p each (the "Shares") to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange. These shares are being issued to the AO World PLC Employee Benefit Trust in order to satisfy:
1. the release of Share Awards under the terms of The AO 2018 Incentive Plan (FY20 grant and certain early settlements of FY21 and FY22 grants); and
2. the exercise of options under the AO World Sharesave Scheme (2020 grant (maturity 2023)).
It is expected that admission will become effective on 11 July 2023. When issued, the Shares will rank pari passu with the existing ordinary shares of the Company.
Following admission, the Company's issued share capital will consist of 578,570,448 ordinary shares. There are no ordinary shares held in treasury. Therefore, following admission, this figure should be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
AO World PLC
Company Secretary