Diploma PLC has announced the issuance of 57,484 new Ordinary Shares of 5p each in the capital of the company. These shares have been allotted and issued to the Diploma PLC Employee Benefit Trust (EBT) at the par value of 5p each. The purpose of this issuance is to satisfy future exercises of awards granted to beneficiaries under the 2020 Performance Share Plan. Following this issuance, the EBT now holds a total of 124,915 Ordinary Shares, representing 0.09% of the issued share capital.
Applications have been made to the Financial Conduct Authority for admission of the new shares to the premium listing segment of the Official List and to the London Stock Exchange for admission to trading on its main market for listed securities. The admission is expected to take place on Monday, November 20, 2023, at 8:00 a.m.
After the admission of the new shares, the total number of Ordinary Shares in issue will be 134,091,975. There are no shares held in treasury. Therefore, the total number of voting rights in the company will also be 134,091,975. Shareholders can use this figure as the denominator for calculating their voting rights interest or any changes to that interest, in accordance with the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact John Morrison, Group Company Secretary at Diploma PLC.