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Ten Lifestyle Group plc applied to the London Stock Exchange for admission to trading on AIM of a block of 2,200,000 new ordinary shares of 0.1 pence each. These shares are designated for issuance upon the exercise of share options, with 500,000 shares under the Management Incentive Plan and 1,700,000 shares under the Company Share Option Plan. Admission is expected to become effective at 8:00 a.m. on 21 June 2024.
| Date | 20 Jun 2024 |
| Time | 09:54:12 |
| Category | Capital structure |
| ID | 2311T |
20 June 2024
Ten Lifestyle Group plc
("Ten" or the "Company")
Block Listing Application
Ten Lifestyle Group plc (AIM: TENG) provides notification that an application has been made to the London Stock Exchange for admission to trading on AIM for a block admission of 2,200,000 new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares"). These new Ordinary Shares will be issued from time to time pursuant to the exercise of share options under the following share option schemes:
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Management Incentive Plan |
500,000 |
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Company Share Option Plan |
1,700,000 |
On exercise the shares will be issued credited as fully paid and will rank pari passu with the existing Ordinary Shares in issue.
It is expected that admission will become effective at 8.00 a.m. on 21 June 2024 ("Admission"). Following Admission, the Company's issued share capital remains unchanged at 86,565,483 Ordinary Shares.
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For further information please visit www.tenlifestylegroup.com or call:
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Ten Lifestyle Group plc Alex Cheatle, Chief Executive Officer Alan Donald, Chief Financial Officer
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+44 (0)20 7850 2796
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Singer Capital Markets Advisory LLP, Nominated Advisor and Broker Corporate Finance: James Moat / Oliver Platts Corporate Broking: Tom Salvesen / Charles Leigh-Pemberton
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+44 (0) 20 7496 3000 |
Notes to Editors:
About Ten Lifestyle Group Plc
Ten Lifestyle Group Plc partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers.
Millions of members have access to Ten's services across lifestyle, travel, dining and entertainment on behalf of over fifty clients including HSBC, Swisscard and Royal Bank of Canada. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees.
Ten's operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and 25 years of proprietary expertise delivered from over 20 global offices. Ten was also the first B Corp-certified company on the AIM market, demonstrating its commitment to sustainability, social responsibility and ethical business practices.
Ten is on a mission to become the most trusted service platform in the world.
For further information about Ten Lifestyle Group Plc, please go to: www.tenlifestylegroup.com.