Gateley : New Shares Issuable under the CSOP Scheme
February 06, 2020 at 09:03 am EST
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Gateley (Holdings) PLC - GTLY
New Shares Issuable under the CSOP Scheme
Released 14:00 06-Feb-2020
RNS Number : 2382C
Gateley (Holdings) PLC
06 February 2020
6 February 2020
Gateley (Holdings) Plc
('Gateley'the 'Group'or the 'Company')
New Shares Issuable under the Company Share Option Plan
Gateley (AIM: GTLY), the legal and professional services group, announces that 711,163 ordinary shares of 10p each in Gateley ('Ordinary Shares') have been issued, pursuant to the Group's Company Share Option Plan ('CSOP') scheme that was introduced in 2016 and as a result of the conditions for issuance having been satisfied.
The CSOP scheme was implemented for the benefit of associates, senior associates, legal directors and equivalent positions across the Group, including senior management positions in support teams in order to enhance their alignment with the long-term success of the Group and reward them for their contributions over the vesting period.
Accordingly, application has been made for 711,163 new Ordinary Shares to be admitted to trading on AIM ('Admission'). Shares were issued at a price of 130.5p. Admission is expected to occur at 8.00 a.m. on Wednesday 12 February 2020. Following Admission, the Company will have a total of 115,473,221 Ordinary Shares in issue with one voting right per share.
The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries
Gateley (Holdings) Plc
Neil Smith, Finance Director
Tel: +44 (0) 121 234 0196
Nick Smith, Acquisitions Director and Head of Investor Relations
Tel +44 (0) 20 7653 1665
Cara Zachariou, Head of Corporate Communications
Tel +44 (0) 121 234 0074
Mob: +44 (0) 7703 684 946
finnCap - Nominated adviser and broker
Tel +44 (0) 20 7220 0575
Matt Goode / James Thompson (Corporate Finance)
Andrew Burdis (ECM)
N+1 Singer - Joint broker
Tel +44 (0) 20 7496 3000
Richard Lindley / Peter Steel (Corporate Finance)
Rachel Hayes (Corporate Broking)
Belvedere Communications Limited - Financial PR
Cat Valentine (cvalentine@belvederepr.com)
Mob: +44 (0) 7715 769 078
Keeley Clarke (kclarke@belvederepr.com)
Mob: +44 (0) 7967 816 525
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Gateley (Holdings) plc published this content on 06 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 February 2020 14:02:00 UTC
Gateley (Holdings) Plc is a legal and professional services company. The Company is engaged in the provision of commercial legal services together with complementary professional consultancy services. Its segments include Corporate, Business Service, People, and Property. The Corporate segment includes banking, corporate, commercial, technology and data, restructuring advisory, and taxation. The Business Service segment includes complex and international recovery, commercial dispute resolution/litigation, intellectual property, regulatory and business defense, and tweed (reputation, media, and privacy law). The People segment includes employment, pensions, and private clients. The property segment includes construction, planning, real estate, real estate dispute resolution, and residential development unit. The Companyâs subsidiaries include Entrust Pension Limited, Gateley Capitus Limited, Gateley Hamer Limited, International Investments Services Limited, and Kiddy & Partners Limited.
GATELEY (HOLDINGS) PLC 
