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RNS News Service

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Issue of Equity

RNS

RNS Number : 2548D
Arrow Global Group PLC
26 October 2020
 

 

 

26 October 2020

ARROW GLOBAL GROUP PLC (the "Company")

Issue of Shares to EBT   

The Company announces that, following the admission of 4,000,000* ordinary shares of 1 pence each in the Company to trade on the Official List on the 17 February 2017, 100,000 ordinary shares were allotted on 26 October 2020 to the Trustee of the Arrow Global 2016 Employee Benefit Trust ("EBT") for the purpose of satisfying future awards under the Arrow Global Share Incentive Plan. The new ordinary shares will rank pari passu with the existing ordinary shares in the Company.  

 

*As announced on 10 March 2017, the Company allotted 827,598 shares to the EBT on 9 March 2017 for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan. The Company also announced on 15 June 2018 that the Company had allotted 996,719 shares to the EBT on that date for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan. A further announcement was made on 10 April 2019 stating that the Company had allotted 594,901 shares to the EBT on that date for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan. An additional announcement was also made on 30 March 2020 stating that the Company had allotted 420,000 shares to the EBT on the 27 March 2020 for the purpose of satisfying future vestings of awards granted under the Arrow Global Group Long-Term Incentive Plan and the Arrow Global Share Incentive Plan.

Total Voting Rights

Following the allotment of the 100,000 ordinary shares on 26 October 2020, the Company has a total of 177,378,244 ordinary shares of 1 pence each in issue each carrying one voting right. The Company does not hold any shares in Treasury. The number of 177,378,244 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.

The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure, Guidance and Transparency Rules.

 

 

 

Arrow Global Group PLC      +44 (0) 7521 147382

Adam Westley, Company Secretary 

 

 

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