Business
Application for Admission
Application for Admission.
About this update from Topps Tiles Plc
[{"type":"text","content":"\n Topps Tiles PLC\n31 July 2006\n\n\n31 July 2006\n\n\n Topps Tiles plc\n\n\nApplication for Admission\n\n\nApplications have been made to the UKLA and London Stock Exchange for\n170,007,015 New Ordinary Shares fully paid, resulting from the Share Capital\nConsolidation, to be admitted to the Official List and to trading on London\nStock Exchange's market for listed securities in place of the Existing Ordinary\nShares. It is expected that dealings in the Existing Ordinary Shares will\ncontinue until 4.30pm today and that the New Ordinary Shares will be admitted to\nthe Official List and that dealings in the New Ordinary Shares will commence on\nLondon Stock Exchange's market for listed securities at 8.00am tomorrow, 1\nAugust 2006.\n\n\nApplication has also been made to the UKLA and London Stock Exchange for the\nblock listing of 1,565,006 New Ordinary Shares fully paid, ranking pari passu\nwith the existing ordinary shares (the 'Block listing'). Under the Block listing\nthe Company applied for the New Ordinary Shares to be listed pursuant to the\nfollowing schemes (the 'Schemes'):\n\n\nScheme Name Number of New Shares\n\n\nTopps Tiles plc Approved Executive Share Option Scheme 184,355\n\nTopps Tiles plc Unapproved Executive Share Option Scheme 314,060\n\nTopps Tiles Share Save Schemes (see below) 1,066,591\n\n\nThe Topps Tiles Share Save Schemes consist of the following schemes:\n\n\nScheme Name Number of New Shares\n\n\nTopps Tiles plc Shares Save Scheme (2001) 63,825\n\nTopps Tiles plc Shares Save Scheme (2002) 199,715\n\nTopps Tiles plc Shares Save Scheme (2003) 313,145\n\nTopps Tiles plc Shares Save Scheme (2004) 269,746\n\nTopps Tiles plc Shares Save Scheme (2006) 220,160\n\n\nIt is expected that the New Ordinary Shares applied for under the Block listing\nwill be allotted, issued and listed in due course pursuant to the rules of the\nSchemes.\n\n\nNo application will be made to the UK Listing Authority or to London Stock\nExchange for any of the B Shares or C Shares resulting from the Return of Cash\nto be admitted to the Official List or to trading on the market for listed\nsecurities of London Stock Exchange and the B Shares and C Shares will not be\nadmitted to trading on any other recognised investment exchange.\n\n\nThe Company's issued share capital on admission of the New Ordinary Shares will\nbe 170,007,015 ordin...