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Monday, 20 May 2024
Flowtech Fluidpower plc
("the Company")
Exercise of Options, Issue of Ordinary Shares and Total Voting Rights
Flowtech Fluidpower plc (AIM: FLO), the specialist full-service supplier of technical fluid power products and services, announces that options over a total of 182,500 ordinary shares of 50 pence each ("Ordinary Shares") have been exercised under the 'Flowtech Fluidpower plc Enterprise Management Incentive Plan' (the "Exercise").
Issue of Ordinary Shares
Application has been made to the London Stock Exchange for the 182,500 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective, and that trading will commence, at 8.00 a.m. on 22 May 2024.
Total Voting Rights
Following Admission, the total number of voting rights in the Company will be 61,675,173. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
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| Enquiries: Flowtech Fluidpower plc Roger McDowell, Non-Executive Chair Mike England, Chief Executive Officer Russell Cash, Chief Financial Officer Tel: +44 (0) 1695 52759 Email: info@flowtechfluidpower.com |
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| To read more about the Group please visit: www.flowtechfluidpower.com.
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| Liberum (Nominated adviser and Sole Broker) Richard Lindley / Will King Tel: +44 (0) 20 3100 2000 |
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| TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: +44 (0) 7785 703523 or email: fiona@tooleystreet.com |
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