REG - Thorpe(F.W.) PLC - Exercise of Options, Treasury Shares and TVR

FW ThorpeAnnouncement

01/07/2024 17:00

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RNS Number : 6714U  Thorpe(F.W.) PLC  01 July 2024

FW Thorpe Plc

("FW Thorpe" or the "Company")

 

Exercise of Share Options, Transaction in Own Shares and Total Voting Rights

 

FW Thorpe announces that it was notified that on 28 June certain employees of
the Company exercised share options ("Share Options") over 30,322 ordinary
shares of 1 pence each in the Company ("Ordinary Shares") at a price of 124
pence per Ordinary Share.  To satisfy the exercise of the Share Options
30,322 existing Ordinary Shares have been transferred out of treasury.

 

The Share Options were granted in 2014 under the Company's Executive Share
Option Plan and became exercisable on 30 September 2020 following the
satisfaction of performance conditions relating to the Company's earnings per
Ordinary Share.

 

 

Total voting rights

 

The issued share capital of the Company comprises 118,935,590 Ordinary
Shares.  Following the exercise of the Share Options referred to above, the
Company holds 1,613,682 Ordinary Shares in treasury. Therefore, the total
number of voting rights in the Company is 117,321,908.  This figure of
117,321,908 may be used by the Company's shareholders as the denominator for
the calculation by which they will determine whether they are required to
notify their interest in, or a change to their interest in, the share capital
of FW Thorpe under the DTRs.

 

 

 

For further information, please contact:

 

FW Thorpe Plc

Mike Allcock -
Chairman
                                    Tel:
01527 583200

Craig Muncaster - Chief Executive and Group Financial
Director

 

Singer Capital Markets - Nominated
Adviser

James Moat/Sam
Butcher
Tel:  020 7496 3000

 

 

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