Intec Telecom Systems plc
26 November 2009
A block listing application has been made by Intec Telecom Systems
plc (the "Company") for 3,000,000 ordinary shares of 1p each in the
Company to be admitted to the Official List of the UK Listing
Authority (the "UKLA") and to trading on the London Stock Exchange
(the "LSE"). The shares will be issued fully paid and will rank pari
passu in all respects with the existing issued ordinary shares of the
Company, and are to be allotted in accordance with the Intec Company
Share Option Scheme (the "Share Option Scheme").
A further block listing application has been made by the Company for
a further 3,000,000 ordinary shares of 1p each in the Company to be
admitted to the Official List of the UKLA and to trading on the LSE.
The shares will be issued fully paid and will rank pari passu in all
respects with the existing issued ordinary shares of the Company, and
are to be allotted in accordance with the Company's Long Term
Incentive Plan ("LTIP").
In addition to the two blocklisting applications noted above, the
Company has made an application for the admission of 3,767,501
ordinary shares of 1p each in the Company to the Official List of the
UKLA and to trading on the LSE ("Admission"). This figure represents
shares issued pursuant to the Share Option Scheme for which Admission
had not previously been sought.
For further information, please contact:
Caroline Speller
Company Secretary
01483 745800
---END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.