Wilmington PLC Share Awards (9868M)
September 19 2019 - 6:59AM
UK Regulatory
TIDMWIL
RNS Number : 9868M
Wilmington PLC
19 September 2019
19 September 2019
Wilmington plc
Share Awards
In September 2016, Wilmington plc (the "Company") granted a
number of share awards under its Performance Share Plan ("PSP").
The vesting of these awards was conditional upon the achievement of
certain performance criteria. As a result of the Company's
performance over the three years to 30 June 2019, 57,056 ordinary
shares of 5 pence each vested on 18 September 2019 in favour of a
total of five employees and former employees of the Company
(including a Director) ("Vested Shares").
A further 7,294 ordinary shares of 5 pence each were allocated
under the PSP scheme rules to reflect the value of the dividend
that would have been paid had the vested shares been issued in
September 2016 ("Dividend Shares").
In accordance with Section 551 of the Companies Act 2006 and
under the authority of its shareholders, the Directors have issued
a further 64,350 ordinary voting shares to satisfy the Company's
obligations under the PSP. Application will be made to the UK
Listing Authority and the London Stock Exchange for 64,350 ordinary
shares of 5 pence each to be admitted to the Official List and to
trading on the Main Market. It is expected that trading will
commence on 24 September 2019. These shares will rank pari passu
with the existing issued shares of the Company.
Following the issue of further ordinary shares of 5 pence each
the Company now has issued voting share capital of 87,557,333
ordinary shares of 5 pence each.
Richard Amos
Company Secretary and Chief Financial Officer
For further information, please contact:
Wilmington plc 020 7422 6800
Pedro Ros, Chief Executive Officer
Richard Amos, Chief Financial Officer
Daniel Barton, Company Secretary
FTI Consulting 020 3727 1000
Charles Palmer / Dwight Burden / Emma Hall/ Leah Dudley
Notes to Editors
Wilmington is the recognised knowledge leader and partner of
choice for information, education and networking in Risk &
Compliance, Healthcare and Professional areas. Wilmington employs
close to 1,000 people and sells to around 120 countries. Wilmington
plc is a premium listed Company on the main market of the London
Stock Exchange.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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