Transfer of Shares from treasury to EBT and TVR
55.9m ordinary shares transferred from treasury to employee benefit trust.
- Ordinary Shares transferred to EBT 55,925,000
- Total Ordinary Shares in issue 560,429,005
- Treasury shares held 63,573,780
- Voting rights in Company 496,855,225
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Tavistock announces that, in connection with the operation of the Company's employee share plans, 55,925,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") have been transferred from treasury to the Tavistock Investments plc Employee Benefit Trust (the "EBT"). Ordinary Shares held by the EBT will be used to satisfy exercises of certain awards granted to participants under the Company's share option schemes.
Following the above transaction, the Company now has 560,429,005 Ordinary Shares in issue, of which 63,573,780 Ordinary Shares are currently held by the Company as treasury shares.
Therefore, the total number of Ordinary Shares in issue excluding treasury shares and also the total number of voting rights in the Company is 496,855,225.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.