Business
Additional Share Listing
Additional Share Listing.
About this update from Star Energy Group Plc
[{"type":"text","content":"\n\n9 August 2024\n \nStar Energy Group plc (\"Star Energy\" or the \"Company\")\n \nAdditional Share Listing\n \n \nThe Company announces that an application has been made to the London Stock Exchange for a total of 231,366 Ordinary Shares of 0.002p each (the \"SIP Shares\") to trade on the AIM market of London Stock Exchange (\"AIM\") under the Star Energy Group plc Share Incentive Plan (\"SIP\"). Subject to admission, the SIP Shares will be held by Equiniti Share Plan Trustees Limited (the \"SIP Trustees\").\n \nThe number of shares to be issued under the SIP has been calculated with reference to the mid-market closing price of 7.74p on 19 July 2024, in accordance with the rules of the SIP. The SIP Shares shall rank equally with the existing issued shares of the Company. It is expected that admission to AIM will become effective on or around 14 August 2024.\n \nThe issued share capital of the Company following the above detailed issue of shares will be 129,537,872 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in Star Energy will be 129,537,872 Ordinary Shares, which should be used by shareholders 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 Star Energy under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n \nFurther details on the SIP are set out in the appendix to this announcement.\n \nENQUIRIES\n \nFor further information please contact:\n \nStar Energy Group plc Tel: +44 (0)20 7993 9899\n \nAnn-marie Wilkinson, Chief of Staff\n \nInvestec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970 Virginia Bull/Charles Craven\n \nCanaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000\nHenry Fitzgerald-O'Connor/Ana Ercegovic\n \nVigo Consulting Tel: +44 (0)20 7390 0230\n \nPatrick d'Ancona/Finlay Thomson/Kendall Hill\n \nAPPENDIX\n \nAbout the Star Energy SIP\n \nIn 2013, the Company adopted an Inland Revenue approved Share Investment Plan for all employees of the Group. The scheme is a tax efficient incentive plan pursuant to which all Company employees are...