BLOCK LISTING SIX MONTHLY RETURN
Date: 30 May 2025
Overview of the Application
In the latest developments from Irish Continental Group plc, a structured return was made concerning their share options. As part of the ICG Share Option Plans, this review gives an insight into the performance and distribution of shares offered to participants.
Details of the Share Option Plans
Name of Applicant
The applicant for this review is Irish Continental Group plc, a reputed player in its sector. The company's dedication to operational transparency continues to be evident through their interaction with shareholders and stakeholders.
Name of the Scheme
The specific scheme under scrutiny is the ICG Share Option Plans. These plans are designed to incentivize employees and align their interests with those of the shareholders, fostering a sense of ownership within the organization.
Period of Return
The reporting period for the return spans from October 1, 2024, to March 31, 2025. Tracking such a timeline provides relevant insights into the company's performance over a significant duration, allowing for adjustments and planning for future operations.
Performance and Statistics
Current Balance of Securities
The balance of unallotted securities under the ICG Share Option Plans, as noted in the previous return, stands at 4,578,439 ICG Units. These figures highlight the ongoing potential for stock distribution to eligible employees.
Increases in the Block Scheme
Interestingly, there has been no increase in the block scheme since the last return, which was recorded as **Nil**. This consistency indicates a stable approach towards share allotment, reflecting a thoughtful strategy on the part of the management.
Securities Issued During the Period
During the aforementioned reporting period, the number of securities issued and allotted reached 1,608,000 ICG Units. This action represents a further commitment by the company to engage its employees and provide them with ownership stakes.
Outstanding Balance
At the end of the reporting period, a balance of 2,970,439 ICG Units remains unissued and allotted. This number represents a strategic reserve that can be utilized effectively in the future as needed.
Contact Information
Reach Out for More Information
If there are any questions regarding the block listing or share option plans, interested parties are encouraged to reach out. The main contact for inquiries is Tom Corcoran, who can be reached at +353 1 607 5700. His role ensures that clear communication is maintained regarding corporate governance and shareholder engagement.
Frequently Asked Questions
What is a block listing return?
A block listing return is a report issued by companies that outlines the number of securities that are available to be issued under a particular share option plan.
Who can participate in the ICG Share Option Plans?
Typically, employees of Irish Continental Group are eligible to participate in the ICG Share Option Plans, which aim to incentivize and reward their contributions.
How are the securities allotted under these plans?
Securities are allotted based on specific criteria set by the company, which may include performance metrics, duration of employment, and other factors that align with company goals.
Is there potential for expansion in the block scheme?
While there is currently no increase reported, the company may decide to expand the scheme in the future based on strategic assessments and employee engagement needs.
How can investors stay updated on company developments?
Investors can stay informed by following company announcements, participating in investor relations events, and maintaining contact with company representatives like Tom Corcoran.
