Servelec Group plc Block Listing of Shares (8078T)

TIDMSERV

RNS Number : 8078T

Servelec Group plc

10 January 2017

Servelec Group plc

("Servelec" or the "Group")

Block Listing of Shares

Servelec announces that it has today applied to the UK Listing Authority and to the London Stock Exchange for a block listing of, in aggregate, 313,297 new ordinary shares of 18p each in Servelec Group PLC (the "new ordinary shares").

The new ordinary shares will be issued from time to time pursuant to the exercise of employee share options under the Group's SAYE share option scheme. On exercise these shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares in issue. It is expected that Admission of these shares to the Official List will become effective 16 January 2017.

For further enquiries, please contact:

 
 Servelec Group plc 
  Alan Stubbs, Chief Executive Officer 
  Mike Cane, Chief Financial Officer 
  Pamela Weeks, Head of Corporate         +44 (0) 1246 
  Communications and PR                    437 400 
 Investec Bank plc 
  Patrick Robb/Matt Lewis                 +44 (0) 207 
  Dominic Emery/Sebastian Lawrence         597 5097 
 Tulchan Group                            +44 (0) 20 
  James Macey-White/Matt low               7353 4200

Notes to Editors:

Servelec Group plc is a UK-based technology group, with significant intellectual property, providing software, hardware and services predominantly to the UK healthcare, oil & gas, nuclear, power, water, utilities and broadcast sectors.

Servelec has two operating divisions; Servelec Health & Social Care and Servelec Automation:

- Servelec Health & Social Care specialises in the design, development and implementation of Electronic Patient Record (EPR) and Patient Administration Systems (PAS) and Social Care Case Management software within secondary care and social care settings and is a market leader in the Mental Health, Community Health and Social Care sectors in England.

- Servelec Automation provides complex, mission-critical control systems to large blue-chip companies mainly in the UK, focusing on the oil & gas, nuclear, power, water, utilities and broadcast industries. Servelec Automation also provides services from consultancy through to design, implementation, delivery, installation and on-going customer support and maintenance.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 10, 2017 07:49 ET (12:49 GMT)

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