Block Listing Application

RNS Number : 9215M

Accesso Technology Group PLC

02 May 2018

 

2 May 2018

accesso Technology Group plc

("accesso" or the "Company")

Block Listing Application

The Company announces that application has been made to AIM of the London Stock Exchange plc for the block admission of an additional 500,000 ordinary shares of 1 penny each ("Ordinary Shares"). These Ordinary Shares will be available to be issued to satisfy the exercise of options under the terms of the accesso Technology Group 2014 Long Term Incentive Plan, Lo-Q plc EMI Share Option Scheme, Lo-Q plc 2011 Share Option Scheme for Directors and Employees of Lo-Q Inc, Lo-Q Service Canada Inc, Visionone do Brasil Ltda and Visionone, S.A. de C.V and the accesso Technology Group plc Unapproved Share Option Scheme ("Share Option Plans") to certain existing employees of the Company or its subsidiaries.

All Ordinary Shares issued pursuant to the exercise of options under the Share Option Plans will rank pari passu with the existing Ordinary Shares. It is expected that the increase in the Ordinary shares available to be issued through the block admission will become effective on 9 May 2018.

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Executive Chairman
John Alder, Chief Financial Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Adam Davidson
Canaccord Genuity Limited	[phone]
Simon Bridges, Richard Andrews
Numis Securities Limited	[phone]
Simon Willis, Mark Lander

 

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