TIDMTTG

RNS Number : 4885M

TT Electronics PLC

11 May 2020

11 May 2020

TT Electronics plc (the "Company")

Block Listing Application and Block Listing Update

Application has been made to the UK Listing Authority and to The London Stock Exchange for a block listing of 5,000,000 ordinary shares of 25 pence each ("Ordinary Shares") to trade on the London Stock Exchange and to be admitted to the Official List.

When issued, these shares will rank pari passu with the Company's existing issued shares.

Shares from this application will be allocated as follows:

TT Electronics Long Term Incentive Plan 2014: 5,000,000 shares

The shares are expected to be admitted to the Official List and to trading on the London Stock Exchange on or around 13 May 2020.

The Company also announces that the block listings for the following schemes are no longer required as the schemes have expired and there are no outstanding options. No further shares will now be allotted pursuant to these block listings, and as a result they are hereby cancelled.

 
 Name of scheme                        Balance of unallotted securities 
                                        under scheme from previous block 
                                        listing return: 
 TT Electronics plc 2004 Approved 
  Company Share Option Plan May 
  2004                                 78,645 
                                      ---------------------------------- 
 TT Electronics plc 2004 Unapproved 
  Company Share Option Plan May 
  2004                                 296,231 
                                      ----------------------------------

In addition, the following block listings have been re-named following the renewal of schemes at the Company's AGM and the expiry of the TT Electronics Long Term Incentive Plan 2005. The balance of unallotted securities under each scheme remains the same as previously disclosed in the block listing six monthly return announced on 1(st) May 2020.

 
 Previous name of scheme              New name of scheme (& balance 
                                       of unallotted securities under 
                                       scheme from previous block listing 
                                       return) 
 TT Electronics plc USA Employee      TT Electronics plc USA Employee 
  Stock Purchase Plan 2011             Stock Purchase Plan (641,691) 
                                     ------------------------------------ 
 TT Electronics Long Term Incentive   TT Electronics plc Sharesave 
  Plan 2005 and TT Electronics         Scheme (2,651,902) 
  plc Sharesave Scheme 
                                     ------------------------------------

L D Boardman

Group Company Secretary

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 11, 2020 05:46 ET (09:46 GMT)

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