Wilmington PLC Share Awards (2970B)
September 19 2018 - 9:12AM
UK Regulatory
TIDMWIL
RNS Number : 2970B
Wilmington PLC
19 September 2018
19 September 2018
Wilmington plc
Share Awards
In September 2015, 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 2018, 110,605 ordinary
shares of 5 pence each vested on 17 September 2018 in favour of a
total of seven employees and former employees of the Company
(including a Director) ("Vested Shares").
A further 14,889 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 2015 ("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 125,494 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 125,494
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 2018. 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 87,492,983
ordinary shares of 5 pence each.
Daniel Barton
Company Secretary
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 / Leah Dudley
Notes to Editors
Wilmington is the recognised knowledge leader and partner of
choice for information, education and networking in Risk &
Compliance, Professional and Healthcare areas. Wilmington employs
close to 1,000 people and operates in 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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