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DUBLIN - Experian (OTC:EXPGF) plc, the global data and technology firm, has announced that it will add 50,000 ordinary shares to the Official List on the London Stock Exchange (LON:LSEG). The shares, each with a nominal value of US 10 cents, are set to be admitted to trading on Monday, April 4, 2025, following approval from the Financial Conduct Authority and the London Stock Exchange.
This addition of shares is part of a block listing and is tied to the Experian Tax-Qualified Employee Share Purchase Plan, which is specifically designed for their North American workforce. Upon issuance, these new shares will be equivalent in all respects to the currently traded ordinary shares of the company.
Experian’s move to increase its share count is a common practice for companies looking to fulfill obligations under employee share plans. The issuance of these shares will allow employees participating in the plan to acquire stock as part of their compensation and incentives.
The company, which is part of the FTSE 100 Index and trades under the ticker LSE:EXPN, is headquartered in Dublin, Ireland, and operates in 32 countries with a workforce of approximately 22,500 people. Experian is known for leveraging a vast array of data, analytics, and software to provide a variety of services, including credit services, fraud prevention, targeted marketing solutions, and insights into the automotive market.
This information is based on a press release statement and reflects the company’s ongoing commitment to its employees through stock-based compensation plans. It also indicates Experian’s adherence to regulatory requirements for such listings. The company’s global presence and diverse range of services highlight its significant role in the data and technology sector.
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