Ten Lifestyle Group (GB:TENG) has released an update.
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Ten Lifestyle Group PLC has announced a new block listing application for 2.2 million new ordinary shares to be admitted to trading on the AIM market, effective from June 21, 2024. These shares will be available for issuance as part of the company’s Management Incentive Plan and Company Share Option Plan, aimed at incentivizing management and staff. Upon issuance, these shares will rank equally with the current shares in the market, with the company’s issued share capital remaining unchanged.
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