Business
Additional Listing
Additional Listing.
About this update from Impax Asset Management Group Plc
[{"type":"text","content":"\n RNS Number : 1161E Impax Group PLC 23 September 2008 \n \nImpax Group plc \n\nOn 18th September 2008, Impax Group plc (the 'Company') received a subscription notice from Sanne Trust Company Limited, the trustee of the Impax Group Employee Benefit Trust 2005 (the 'IGEBT') for 6,083,333 new Ordinary Shares of 1p ('Ordinary Shares') as part of the Company's employee incentive arrangements as approved at the Company's EGM on 31 January 2008. The potential beneficiaries of the IGEBT include the executive directors and employees of the Company and their families.\n\nAccordingly the Company has allotted 6,083,333 Ordinary Shares, subject to admission of the shares to trading on the AIM of the London Stock Exchange.\n\nApplication has been made to the London Stock Exchange for admission of the 6,083,333 Ordinary Shares to AIM. It is expected that admission will become effective and trading will commence on 24 September 2008. Following allotment the Company will have 115,582,431 Ordinary Shares in issue. \n\nIGEBT will be interested in 19.4% of the enlarged share capital of the Company.\n\n23rd September 2008\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END LISSEDFLDSASEIU \n ","length":2726,"tagName":"div"}]