Additional Share Listing
231,366 ordinary shares issued under Share Incentive Plan, admission to AIM expected 14 August 2024.
- SIP Shares issued 231,366
- Issue price per share 7.74p
- Issued share capital post-issue 129,537,872 Ordinary Shares
Select text to share a quote on X · sign in to keep highlights & notes in your STAR notes
The Company announces that an application has been made to the London Stock Exchange for a total of 231,366 Ordinary Shares of 0.002p each (the "SIP Shares") to trade on the AIM market of London Stock Exchange ("AIM") under the Star Energy Group plc Share Incentive Plan ("SIP"). Subject to admission, the SIP Shares will be held by Equiniti Share Plan Trustees Limited (the "SIP Trustees").
The number of shares to be issued under the SIP has been calculated with reference to the mid-market closing price of 7.74p on 19 July 2024, in accordance with the rules of the SIP. The SIP Shares shall rank equally with the existing issued shares of the Company. It is expected that admission to AIM will become effective on or around 14 August 2024.
The issued share capital of the Company following the above detailed issue of shares will be 129,537,872 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in Star Energy will be 129,537,872 Ordinary Shares, which should 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 Star Energy under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Further details on the SIP are set out in the appendix to this announcement.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.