Regulatory News

Block Admission Update

05 August 2025

Lords, a leading distributor of building materials in the UK, provides an update in relation to the Company's block admission arrangements ('Block Admission') in respect of new ordinary shares of £0.005 pence each ('Ordinary Shares') which may be issued as a result of exercises of existing options to subscribe for new Ordinary Shares pursuant to the Company's 2021 Deferred Bonus Plan.

Block Admission Interim Review

Pursuant to Rule 29 of, and Schedule Six to, the AIM Rules for Companies, the Company provides the following notification regarding its Block Admission.

Name of applicant: Lords Group Trading plc
Name of scheme: Nil cost options awarded to employees of the Company to subscribe for new Ordinary Shares in the Company in respect of the Company's 2021 Deferred Bonus Plan.
 
Period of return: From: 05.02.2025 To: 05.08.2025
 
Balance of unallotted securities under scheme(s) from previous return:
 
312,602 Ordinary Shares
Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):
 
Nil
Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):
 
66,027 Ordinary Shares
Equals:  Balance under scheme(s) not yet issued/allotted at end of period:
 
246,575 Ordinary Shares
Number and class of securities originally admitted and the date of admission:
 
388,604 Ordinary Shares - 5 February 2024
Name of Contact
 
Stuart Kilpatrick
Telephone Number of Contact +44 (0)20 7583 8304

 

FOR FURTHER ENQUIRIES:

 

Lords Group Trading plc Via Burson Buchanan
Shanker Patel, Chief Executive Officer
Stuart Kilpatrick, Chief Financial Officer
Tel: +44 (0) 20 7466 5000
 
Cavendish Capital Markets Limited
Nominated Adviser and Joint Broker
 
Tel: +44 (0) 20 7220 0500
Ben Jeynes / Hamish Waller (Corporate Finance)
Julian Morse / Matt Lewis / Henry Nichol (Sales and ECM)


 

Berenberg
Joint Broker
Harry Nicholas / Detlir Elezi
Tel: +44 (0) 20 3207 7800
 
Burson Buchanan (Financial Communications)
 
Tel: +44 (0) 20 7466 5000
Henry Harrison-Topham / Steph Whitmore / Abby Gilchrist [email protected]

 

Notes to editors:

Lords is a specialist distributor of building, plumbing, heating and DIY goods.  The Group principally sells to local tradesmen, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group operates through the following three divisions:

Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities.  It operates both in the 'light side' (building materials and timber) and 'heavy side' (civils and landscaping), through 32 locations in the UK.

Plumbing and Heating: a specialist distributor in the UK of plumbing and heating products to a UK network of independent merchants, installers and the general public.  The division offers its customers an attractive proposition through a multi-channel offering.  The division operates over 16 locations enabling nationwide next day delivery service.

Digital: a market-leading e-commerce only platform serving UK homeowners and trade professionals through a suite of specialist Superstore websites. With over 140,000 listed products, the Superstores provide anyone building or improving homes in the UK with a unique hybrid approach combining online convenience with expert technical and customer support.

Lords was established over 40 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire.  Since then, the Group has grown to a business operating from 48 sites.

For additional information please visit www.lordsgrouptradingplc.co.uk.