Issue of Equity
iFOREX Financial Trading Holdings Ltd. has issued 200,000 new ordinary shares under its 2024 share incentive plan to an employee stock ownership trust for the benefit of employees, including a person discharging managerial responsibilities. Following admission to trading on the London Stock Exchange, anticipated around July 23, 2026, the company's total issued share capital will be 22,706,817 ordinary shares. Daniel Shalom, COO, will hold 200,000 of these new shares, representing 0.88% of the enlarged share capital.
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The Company announces that it has issued and allotted 200,000 new ordinary shares of no par value ("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 for the benefit of certain employees of the Group, including certain person discharging managerial responsibilities ("PDMRs").
The below sets out the beneficial interests of the PDMRs following the issue and allotment of the new Ordinary Shares to the ESOP s 102 Trust:
| PDMRs | Existing number of Ordinary Shares | New Ordinary Shares issued | Total number of Ordinary Shares following the issue of new Ordinary Shares | Percent. of the Company's issued share capital as enlarged by the new Ordinary Shares |
|---|---|---|---|---|
| Daniel Shalom | - | 200,000 | 22,706,817 | 0.88% |
Application will be made for the 200,000 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 23 July 2026.
Following Admission, the share capital of the Company will consist of 22,706,817 Ordinary Shares, each with one vote per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total voting rights figure of 22,706,817 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.
| a) | Name | iFOREX Financial Trading Holdings Ltd. |
| b) | LEI | 213800DHYQM8426F7F96 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of no par value GG00BN7RXN80 |
| b) | Nature of the transaction | Issue of Ordinary Shares pursuant to the 2024 Plan |
| c) | Price(s) and volume(s) | Issue price: nil Volumes: Daniel Shalom 200,000 |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 15 July 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.