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Marlowe plc announced on 11 April 2022 that an application was made for 1,630 new ordinary shares of 50 pence each, resulting from an exercise of employee share options under its 2020 SAYE Scheme. Admission of these new ordinary shares to AIM is expected at 8:00 a.m. on 19 April 2022. Following admission, the company's total number of ordinary shares with voting rights will be 95,835,483.
| Date | 11 Apr 2022 |
| Time | 10:47:36 |
| Category | Capital structure |
| ID | 9612H |
11 April 2022
Marlowe plc
("Marlowe" or the "Company")
Exercise of Share Options under 2020 SAYE Scheme
Total Voting Rights
The Company announces that, as a result of an exercise of employee share options under the Marlowe 2020 SAYE Scheme, application has been made for 1,630 new ordinary shares of 50 pence each in the Company (the "New Ordinary Shares") to be admitted to trading on AIM.
The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares and it is expected that admission will occur at 8.00 a.m. on 19 April 2022.
Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 95,835,483 ordinary shares, none of which are held in treasury. Therefore, the total number of ordinary shares with voting rights in Marlowe following admission will be 95,835,483.
The above figure of 95,835,483 may be used by shareholders 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 FCA's Disclosure Guidance and Transparency Rules.
For further information:
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Marlowe plc |
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Alex Dacre, Chief Executive |
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Adam Councell, Chief Financial Officer |
Tel: +44 (0) 203 841 6194 |
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Julian Wais, Head of Investor Relations |
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Benjamin Tucker, Investor Relations Manager |
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Cenkos Securities plc - Nominated Adviser and Joint Broker |
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Nicholas Wells |
Tel: +44 (0)20 7397 8900 |
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Ben Jeynes |
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Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker |
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Mark Whitmore Ben Wright |
Tel: +44 (0)20 3207 7800 |
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Stifel - Joint Broker |
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Matthew Blawat Francis North |
Tel: +44 (0)20 7710 7688 |
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FTI Consulting |
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Nick Hasell |
Tel: +44 (0)20 3727 1340 |
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Alex Le May |
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About Marlowe plc
Marlowe is a UK leader in business-critical services and software which assure safety and regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services. It is focused on compliance software, eLearning, health & safety, employment law and HR compliance, fire safety & security, water & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides software to over 1 million users and services to over 25% of Britain's commercial premises. The Group provides customers with a single outsourced, nationwide, provider of a range of regulated compliance and safety solutions. Our customers can be found in office complexes, high streets and leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.