IMI plc, the London-listed engineering specialist, has announced the admission to trading of 868 new ordinary shares of 28 4/7 pence each on the London Stock Exchange Main Market, issued under its UK Save As You Earn scheme. The shares were issued on various dates between 1 October and 31 October 2026, with admission confirmed on 2 November 2026. Following this admission, IMI's total number of ordinary shares in issue stands at 247,789,510, and the new shares are fully fungible with existing ordinary shares. Investors in employee share schemes and those monitoring dilution levels may note the update as part of routine share capital management.

Key Points

  • IMI plc (IMI) — engineering group listed on the London Stock Exchange Main Market
  • 868 ordinary shares of 28 4/7 pence each admitted to trading under the company's UK SAYE Scheme
  • Shares issued between 1 October and 31 October 2026; total shares in issue now 247,789,510
  • Investors may watch for further monthly SAYE admissions under the existing block admission arrangement

IMI plc Issues 868 Shares Under UK Save As You Earn Scheme in October 2026

The announcement, made in accordance with PRM 1.6.4R, confirms that IMI plc issued 868 ordinary shares of 28 4/7 pence each on various dates throughout October 2026. These shares were admitted to trading on the London Stock Exchange Main Market under an existing block admission arrangement specifically established for the company's UK SAYE Scheme. The ISIN for the ordinary shares is GB00BGLP8L22, and the company's Legal Entity Identifier is 2138002W9Q21PF751R30. No prospectus was required in connection with this issuance, as confirmed by the announcement.

Total IMI Ordinary Shares in Issue Reaches 247,789,510 Following Admission

Following the admission of the 868 new shares, IMI plc's total number of ordinary shares admitted to trading on the London Stock Exchange Main Market rises to 247,789,510. The newly issued shares are described as fully fungible with existing ordinary shares, meaning they carry identical rights and are interchangeable with the broader share capital. The incremental scale of this particular issuance is modest relative to the overall share count, and the company did not disclose any financial consideration or aggregate proceeds associated with this tranche of SAYE shares in the announcement.

Block Admission Arrangement Supports IMI's Employee Share Scheme Obligations

The use of a block admission facility allows IMI plc to issue shares periodically to employees participating in its UK SAYE Scheme without requiring a separate admission process for each tranche. This mechanism is a standard feature of employee share incentive arrangements for companies listed on the London Stock Exchange Main Market, enabling orderly and compliant delivery of shares to eligible scheme participants. Investors monitoring IMI's share capital structure may expect further similar admissions as the SAYE Scheme continues to mature and employees exercise their options in subsequent months.