Exercise of Options and Issue of Equity

RNS Number : 9881R

Filtronic PLC

11 March 2021

 

11 March 2021

Filtronic plc
("Filtronic" or "the Company")

Exercise of Options and Issue of Equity

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the wireless telecoms and critical communications markets, announces that the Company has issued 300,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") as a result of an exercise of options under the Company's Employee Share Option Plan 2010.

Application has been made for the 300,000 new Ordinary Shares to be admitted to trading on AIM. It is expected that dealings in these new Ordinary Shares will commence on 18 March 2021. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the Company will have in issue a total of 214,198,416 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury . Therefore, the number of total voting rights for the Company will be 214,198,416.

Enquiries:

Filtronic plc	Tel. [phone] or [e-mail]
Richard Gibbs (Chief Executive Officer)
Michael Tyerman (Chief Financial Officer)
Maura Moynihan (Company Secretary)
finnCap Limited	Tel. [phone]
Jonny Franklin-Adams/Tim Harper (Corporate Finance)
Alice Lane / Sunila de Silva (ECM)
Walbrook PR Limited	Tel. [phone] or [e-mail]
Paul Vann /Nick Rome /Nicholas Johnson	Mob. [phone]

Notes:

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

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