Bytes Technology Group plc (BYIT) has applied to the Financial Conduct Authority and the London Stock Exchange to admit 18,326 new ordinary shares to its Official List, with admission expected on 6 November 2026. The shares are being issued to satisfy the exercise of options under the company's BTG Deferred Bonus Plan, a form of employee share incentive arrangement. The new shares will rank equally with Bytes Technology Group's existing issued share capital. The company holds a primary listing on the London Stock Exchange's Main Market and a secondary listing on the Johannesburg Stock Exchange.

Key Points

  • Bytes Technology Group plc (BYIT) is listed on the London Stock Exchange Main Market (premium segment) with a secondary listing on the Johannesburg Stock Exchange
  • The company has applied to list 18,326 new ordinary shares of £0.01 each, to be admitted to the premium segment of the LSE's main market
  • Admission is expected to take place on 6 November 2026, with shares issued under the BTG Deferred Bonus Plan
  • Investors may wish to monitor any further employee share scheme exercises and their cumulative dilutive effect on existing shareholders

18,326 Ordinary Shares to Be Admitted to LSE Premium Segment on 6 November 2026

Bytes Technology Group plc has formally applied to both the FCA and the London Stock Exchange for 18,326 ordinary shares, each with a nominal value of £0.01, to be admitted to the Official List and to trading on the premium segment of the LSE's main market for listed securities. The announcement, released on 4 November 2026, confirms that admission is expected to occur on 6 November 2026, subject to the standard regulatory process. The company's Group Company Secretary, WK Groenewald, is named as the point of contact for enquiries relating to the transaction.

Shares Issued to Satisfy BTG Deferred Bonus Plan Option Exercises

The newly issued shares are being created specifically to satisfy the exercise of options granted under the BTG Deferred Bonus Plan, which is an employee incentive arrangement operated by Bytes Technology Group. Deferred bonus plans of this type typically require participating employees to defer a portion of their annual bonus into company shares, which are released subject to continued employment and other conditions. The announcement does not disclose the identities of the option holders, the exercise price applied, or the total value attributed to this particular tranche of share issuances.

New Shares Rank Pari Passu With Bytes Technology Group's Existing Share Capital

The announcement confirms that the 18,326 newly admitted shares will rank pari passu with the company's existing issued ordinary shares, meaning they carry identical rights with respect to dividends, voting, and any future return of capital. Bytes Technology Group maintains a dual listing structure, with its primary listing on the London Stock Exchange's Main Market and a secondary listing on the Johannesburg Stock Exchange, reflecting the company's international investor base. The total enlarged share capital following this admission was not disclosed in the announcement.