Restore PLC SAYE and share option equity issue (8389W)

TIDMRST

RNS Number : 8389W

Restore PLC

23 August 2022

Restore plc

("Restore" or the "Company")

SAYE and share option equity issue

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that following the vesting of the Company's 2019 Save As You Earn scheme ("SAYE") and in order to provide settlement capacity for other management share based incentives, it has issued and allotted 250,000 new ordinary shares of 5 pence each in the Company ("New Ordinary Shares") to the Restore Employee Benefit Trust.

Accordingly, application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that admission will become effective and that dealings will commence in the New Ordinary Shares at 08.00 a.m. on 26 August 2022 ("Admission"). The New Ordinary Shares will rank, pari-passu, with existing ordinary shares.

In accordance with the FCA's Disclosure Guidance and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following Admission, its issued share capital will consist of 136,924,067 Ordinary Shares of 5 pence each, none of which are held in treasury. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

 
 
 Restore plc                                   www.restoreplc.com 
 Charles Bligh, CEO 
  Neil Ritchie, CFO                            +44 (0) 207 409 2420 
 
 Investec (Nominated Adviser and Joint         www.investec.com 
  Broker) 
 Carlton Nelson 
  James Rudd                                   +44 (0) 207 597 5970 
 
 Canaccord Genuity (Joint Broker, Corporate    www.canaccordgenuity.com 
  Advisor) 
 Max Hartley 
  Chris Robinson                               +44 (0) 207 523 8000 
 
 Citi (Joint Broker)                           www.citigroup.com 
 Stuart Field 
  Laura White                                  +44 (0) 207 986 4074 
 
 Buchanan Communications (PR enquiries)        www.buchanan.uk.com 
 Charles Ryland 
  Stephanie Whitmore                           +44 (0) 207 466 5000

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August 23, 2022 02:00 ET (06:00 GMT)

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