S&U plc announces that it has received due notice of exercise in respect of options granted to members of its senior management under the Company's 2010 Long Term Incentive Plan ("LTIP"). The notices were in respect of a total of 11,000 ordinary shares of 12.5p each ("Ordinary Shares") at the exercise price of 12.5pence per share.
These 11,000 Ordinary Shares were admitted to trading today pursuant to an existing block listing, and will rank pari pasu with existing Ordinary Shares.The 11,000 shares were sold in the market at a price of £18.50 per share.
Following the issue of these Ordinary Shares, the total number of voting rights in S&U is 12,022,426. This figure should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of S&U under the FCA's Disclosure Guidance and Transparency rules.
c/o Newgate Communications
Financial Public Relations
Bob Huxford, Tom Carnegie
020 7653 9848
Adrian Trimmings, Andrew Buchanan,
Peel Hunt LLP
020 7418 8900
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
S & U PLC’s (LON:SUS) Anthony Coombs tells Proactive London's Andrew Scott that recent trading's 'generally been very good'.
''It's not trading at record levels but given the uncertainty that we're seeing in the economy generally and the general growth rate and levels of consumer...