Harworth Group Expands Ownership with Latest Share Issuance to Boost Employee Incentive Plan

Harworth Group Plc, an industry-leading land and property regenerator, has increased its total voting rights by issuing 2,554 new ordinary shares. The shares were provided under the company’s block listing facility, a mechanism designed to satisfy the entitlements under the company’s Share Incentive Plan. The shares, each priced at a nominal 10 pence, were allotted to eligible employees in line with the ‘Matching Shares’ initiative of its 2019 Share Incentive Plan.

The trading start date for these shares was 15th April 2025. Following this allotment, share count within the company now stands at a monumental 325,446,015 ordinary shares. This figure is of particular relevance to existing shareholders – it is integral in their calculations for determining when they are required to report changes to their stake-holder interest, in accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules.

The recent share allotment is another feather in the cap of Harworth Group – a strategy aimed at incentivising employees via share schemes, accentuating a more inclusive, performance-focused culture within the firm.