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Auction Technology Group plc applied to the Financial Conduct Authority and London Stock Exchange for a block listing of 3,250,000 ordinary shares of 0.01 pence each. These shares are anticipated to be admitted to the Official List and Main Market trading on 17 January 2022, and will be issued to the Company's current and former directors and employees under specific benefit schemes.
| Date | 13 Jan 2022 |
| Time | 15:20:58 |
| Category | Capital structure |
| ID | 3980Y |
FOR IMMEDIATE RELEASE
LEI: 213800U8Q9K2XI3WRE39
13 January 2022
Auction Technology Group plc
(the "Company")
Block Listing of Ordinary Shares
Application has been made to the Financial Conduct Authority and the London Stock Exchange for a block listing of 3,250,000 ordinary shares of 0.01 pence each in the capital of the Company (the "Shares") to be admitted to the Official List of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange. It is anticipated that the Shares will be admitted on 17 January 2022.
The Shares are being reserved under a block listing and will be issued, as and when required, to the Company's current and former directors and employees in accordance with the terms of the Auction Technology Group plc Employee Benefit Trust, the Auction Technology Group plc Long Term Incentive Plan, the Auction Technology Group plc UK and International Share Incentive Plan, the Auction Technology Group plc Employee Share Purchase Plan, the Auction Technology Group plc Deferred Bonus Share Plan and the Project Haka Rollover Agreements (relating to the acquisition of LiveAuctioneers).
When issued, the Shares will rank pari passu in all respects with the existing issued shares of the Company.
For further information, please contact:
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Auction Technology Group plc For investor enquiries For media enquiries |
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Tulchan Communications (Public relations adviser to the Company) Tom Murray, Matt Low, Laura Marshall |
+44 207 353 4200 |