Clarkson PLC has announced that it has made an application to the Financial Conduct Authority and the London Stock Exchange for the block listing of 100,000 Ordinary Shares of 25p each. These shares will be issued from time to time as options are exercised under the company's employee share purchase plans. The new shares will rank equally with the existing issued ordinary shares of the company. The admission of the new shares is expected to be effective on October 24, 2023.
Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets. The company offers shipbroking services, sector research, logistical support, and investment banking capabilities in all key shipping and offshore sectors. Clarkson PLC continues to drive innovation in its business, developing digital solutions to enhance its expertise and knowledge with leading technology.
The company employs over 1,800 people in 63 different offices across its four divisions and is a top player in all its market segments. Clarkson PLC has a strong track record of dividend growth, with 20 years of consecutive dividend increases. The company's cash-generative nature and strong balance sheet have allowed it to invest and position itself to capitalize on opportunities in its markets.
Clarkson PLC is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.