Block Admission Application
Kistos Holdings PLC has applied to the London Stock Exchange for a block admission of 2,000,000 ordinary shares. Each ordinary share is valued at £0.10. The purpose of this block admission is to facilitate the issuance of ordinary shares related to the exercise of share options under the company's 2021 Employee Incentive Plan and 2025 Long-Term Incentive Plan. The ordinary shares issued under this block admission will rank equally with the existing ordinary shares. The effective date for this block admission is expected to be on or around October 24, 2025.
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Kistos (LON: KIST), an independent energy company focused on generating value across the upstream and midstream markets, announces that an application has been made to the London Stock Exchange for a block admission of 2,000,000 ordinary shares of £0.10 each ("Ordinary Shares") to be admitted to trading on AIM ("Block Admission").
The Block Admission relates to Ordinary Shares that will be issued from time to time in accordance with the exercise of share options under the Company's 2021 Employee Incentive Plan and 2025 Long-Term Incentive Plan. These plans, including the structure and rationale for awards, are disclosed in the Remuneration Committee Report contained in the 2024 Annual Report, published on the 11th April 2025 (pages 39 to 41).
All Ordinary Shares issued pursuant to the Block Admission above will rank pari passu with the existing Ordinary Shares. It is expected that the Block Admission will become effective on or around 24 October 2025 ("Admission").
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.