RNS Number : 9242T Blue Prism Group PLC 18 October 2017
18 October 2017 Blue Prism Group plc("Blue Prism" or the "Company")
Block listing applicationIn accordance with the Disclosure and Transparency Rules of the Financial Conduct Authority, Blue Prism (AIM: PRSM), a global leader in Robotic Process Automation ("RPA"), announces that an application has been made to the London Stock Exchange for the block listing of securities in respect of a total of 36,000 ordinary shares of one penny each (the "New Ordinary Shares") to be admitted to trading on AIM.
The block listing application relates to New Ordinary Shares to be issued from time to time as Matching Shares in relation to ordinary shares that have been purchased by participating employees under the Blue Prism Share Incentive Plan (the "SIP"). The SIP is a new employee share purchase plan established for the group's UK employees under which participating employees may each purchase up to £1,800 worth of ordinary shares at market value per year out of deductions from salary. For each share purchased, the Company will award one New Ordinary Share for free to be held in trust for the employee by the SIP trustee subject to certain holding conditions.
When issued, the New Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of one penny each in the capital of the Company.
It is expected that admission will become effective on 23 October 2017.
For further information please contact: Blue Prism Group plcJohn Warrick, Company Secretary
Tel: +44 (0) 870 879 3000
Investec Bank plc Andrew Pinder Sebastian Lawrence Carlton NelsonTel: +44 (0)20 7597 4000
FTI Consulting Matt Dixon Dwight BurdenTel: +44 (0)20 3727 1137
This information is provided by RNS
The company news service from the London Stock Exchange
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Blue Prism Group plc published this content on 18 October 2017 and is solely responsible for the information contained herein.
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