Wilmington PLC Save As You Earn Options (3056L)
May 13 2022 - 2:01AM
UK Regulatory
TIDMWIL
RNS Number : 3056L
Wilmington PLC
13 May 2022
13 May 2022
Wilmington plc
Save As You Earn Options
In March 2019, Save As You Earn Options ('SAYE Options') with a
per share exercise price of GBP1.52 over 688,612 ordinary shares in
Wilmington plc (the "Company") were granted under the Wilmington
SAYE Plan 2018 (the "SAYE Scheme") to employees of the Company and
its subsidiaries. Participation in the SAYE Scheme was open to all
eligible employees as defined by the scheme. The exercise price of
GBP1.52 was calculated in accordance with the rules as set out in
the SAYE Scheme.
In May 2022 the SAYE Options vested, and can be exercised within
six months following vesting.
In accordance with Section 551 of the Companies Act 2006 and
under the authority of its shareholders, the Directors have issued
a further 22,497 ordinary voting shares to satisfy the Company's
obligations under the SAYE Plan. Application will be made to the UK
Listing Authority and the London Stock Exchange for 22,497 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 16 May 2022. 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 87,809,352
ordinary shares of 5 pence each.
Guy Millward
Company Secretary and Chief Financial Officer
For further information, please contact:
Wilmington plc 020 7422 6800
Mark Milner, Chief Executive Officer
Guy Millward, Chief Financial Officer
Meare Consulting 07990 858548
Adrian Duffield
Notes to Editors
Wilmington plc is the recognised knowledge leader and partner of
choice for data, information, education and training in the global
Governance, Risk and Compliance (GRC) markets. Wilmington employs
close to 1,000 people and sells to around 120 countries. Wilmington
is listed on the main market of the London Stock Exchange.
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END
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