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LONDON - Harworth Group plc, a UK-based property regeneration company, has applied for a block listing of 750,000 ordinary shares, as announced on April 25, 2025. The shares, each with a nominal value of 10 pence, are intended for admission to the premium segment of the Financial Conduct Authority’s (FCA) Official List and for trading on the London Stock Exchange (LON:LSEG)’s main market.
The additional shares are set to supplement the existing block listing, which currently comprises 200,213 shares. These shares will be allocated as needed to fulfill awards from the Harworth 2019 Share Incentive Plan and options exercised under the Harworth Group plc Save As You Earn Scheme. The new shares will be on equal footing (pari passu) with the currently issued ordinary shares of the company.
Admission of the shares is anticipated to occur at 8 am on April 29, 2025. This strategic move aims to support the company’s ongoing incentive plans, allowing Harworth Group to continue its work in regenerating strategic land into sustainable industrial, logistics, and residential developments.
Harworth Group, listed on the London Stock Exchange (LSE:HWG), specializes in transforming complex sites, often former industrial areas, into new spaces that foster communities, job creation, and residential opportunities. The company manages over 15,000 acres across more than 100 sites in the North of England and Midlands.
The information regarding the block listing application is based on a press release statement from Harworth Group plc. The company’s commitment to sustainable development and long-term value creation for stakeholders is evidenced by its focus on creating places that align with the needs and aspirations of local communities.
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