Pharos Energy plc has provided a block listing six-monthly return in accordance with the rules of the Financial Conduct Authority. The return pertains to the company's existing block listing arrangements for its employee share scheme and the awards granted under it. The return covers the period from March 22, 2023, to September 21, 2023.
Under the 2011 Long-Term Incentive Plan, the balance of unallotted securities from the previous return was 271,794 ordinary shares of £0.05. The block scheme has been increased by 700,000 shares since the last return. During the period, 267,779 ordinary shares of £0.05 were issued/allotted under the scheme. As a result, the balance under the scheme that has not yet been issued/allotted at the end of the period is 704,015 ordinary shares of £0.05.
Under the Pharos Energy plc Long-Term Incentive Plan, the balance of unallotted securities from the previous return was 6,150,000 ordinary shares of £0.05. There has been no increase in the block scheme since the last return, and no securities were issued/allotted under the scheme during the period. Therefore, the balance under the scheme that has not yet been issued/allotted at the end of the period remains 6,150,000 ordinary shares of £0.05.
For further information, interested parties can contact Pharos Energy plc or Camarco, the company's communications advisor.