Charles Taylor plc (the Company)
Block Listing Application
Application has been made to the Financial Conduct Authority and
the London Stock Exchange for 1,900,000 new Ordinary Shares of 1p
each (“shares”) to be admitted to the Official List. 620,000 of
these shares are being reserved under a block listing and will be
issued to satisfy future exercise of outstanding options granted
under the Charles Taylor all employee sharesave schemes; 280,000 of
these shares will be reserved for the exercise of options under the
Charles Taylor Long Term Incentive Plan; and 1,000,000 of these
shares will be reserved for the exercise of awards under the
Charles Taylor Deferred Annual Bonus Plan. The admission date for
these shares is expected to be 3 December
2018. When issued, these shares will rank pari passu with
the existing ordinary shares.
For further information please contact:
Ivan Keane – Group Company
Secretary and General Counsel – 020 3320 2206
Robert Davison – Company
Secretary – 0207 680 5666
Charles Taylor plc
27 November 2018
Notes to editors
Charles Taylor plc (www.ctplc.com) is a global provider
of insurance-related technical services and solutions dedicated to
enabling the global insurance market to do its business
fundamentally better.
We have been providing insurance-related professional services
and technological solutions since 1884. Today, we employ over 2,900
staff in more than 100 locations spread across 30 countries in
Europe, the Americas, Asia Pacific, the Middle East and Africa.
We are distinctive in our market in that our professional
services and technological solutions support every stage of the
insurance lifecycle and every aspect of the insurance operating
model. For the Property & Casualty (P&C) insurance market,
we handle all major commercial lines, along with the more technical
areas of personal lines; we do so similarly for the life and health
insurance markets.
The clients we support range from insurers - including
corporates, mutuals, captives, MGAs, Lloyd's syndicates and
reinsurers - to brokers, distributors and corporate insureds.
Our market-leading breadth of services and solutions, world
class technical expertise, extensive global presence and 100% focus
on insurance means we can manage and resolve virtually any
insurance-related matter, wherever and whenever it occurs.