Mears Group PLC Block listing Application (6948P)
October 11 2023 - 2:00AM
UK Regulatory
TIDMMER
RNS Number : 6948P
Mears Group PLC
11 October 2023
11 October 2023
Mears Group plc
("Mears" or the "Company")
Block Listing Application
The Company announces that application has been made to the UK
Listing Authority ("UKLA") and the London Stock Exchange ("LSE")
for the listing of 2,699,829 ordinary shares of 1 penny each
("Ordinary Shares") to trade on the LSE and to be admitted to the
Official List of the UKLA.
These Ordinary Shares are being reserved under an extension to
an existing block listing and will be issued on exercise of share
options granted under the Mears Save As You Earn scheme.
It is expected that admission of these Ordinary Shares will
become effective on 13 October 2023. These Ordinary shares will
rank, pari passu, with the existing Ordinary Shares in issue and
will be allotted from time to time in accordance with the exercise
of options under the Save As You Earn Scheme.
For further information, contact:
Mears Group PLC
Ben Westran, Company Secretary Tel: +44(0)1452 634600
www.mearsgroup.co.uk
About Mears
Mears is the leading provider of services to the Affordable
Housing sector, providing a range of services to individuals within
their homes. We manage and maintain around 450,000 homes across the
UK and work predominantly with Central Government and Local
Government typically through long-term contracts. We equally
consider the residents of the homes that we manage and maintain to
be our customers, and we take pride in the high levels of customer
satisfaction that we achieve.
Mears currently employs around 5,500 people and provides
services in every region of the UK. In partnership with our Housing
clients, we provide property management and maintenance services.
Mears has extended its activities to provide broader housing
solutions to solve the challenge posed by the lack of affordable
housing and to provide accommodation and support for the most
vulnerable.
We focus on long-term outcomes for people rather than short-term
solutions and invest in innovations that have a positive impact on
people's quality of life and on their communities' social,
economic, and environmental wellbeing. Our innovative approaches
and market leading positions are intended to create value for our
customers and the people they serve while also driving sustainable
financial returns for our providers of capital, especially our
shareholders
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END
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