Issue of Equity
iFOREX Financial Trading Holdings Ltd. has issued 23,338 new ordinary shares under its 2024 share incentive plan to an employee stock ownership trust, following the exercise of options. These new shares are expected to be admitted to trading on the London Stock Exchange around June 15, 2026. Post-admission, the company's total issued share capital will be 22,506,817 ordinary shares, with this figure serving as the denominator for shareholder notification calculations under the FCA's Disclosure Guidance and Transparency Rules.
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The Company announces that it has issued and allotted 23,338 new ordinary shares of no par value in the Company ("Ordinary Shares") pursuant to the Company's 2024 share incentive plan (the "2024 Plan") to the employee stock ownership trust established by the Group, with IBI Trust Management acting as trustee ("ESOP s 102 Trust"). These new Ordinary Shares have been issued to the ESOP s 102 Trust following the exercise of certain options over Ordinary Shares granted under the 2024 Plan.
Application will be made for the 23,338 new Ordinary Shares to be admitted to trading on the main market of the London Stock Exchange ("Admission"). It is anticipated that Admission will occur on or around 15 June 2026.
Following Admission, the share capital of the Company will consist of 22,506,817 Ordinary Shares, each with one vote per Ordinary Share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total voting rights figure of 22,506,817 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.