Exercise of Options

RNS Number : 4425J

Filtronic PLC

09 April 2020

 

09 April 2020

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 1,000,000 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 1,000,000 new Ordinary Shares to be admitted to trading on AIM. It is expected that dealings in these new Ordinary Shares will commence on 17 April 2020. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the Company will have in issue a total of 213,698,416 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury . Therefore the number of total voting rights for the Company will be 213,698,416.

Enquiries:

Filtronic plc	Tel. [phone] or [e-mail]
Reg Gott (Executive Chairman)
Michael Tyerman (Finance Director)
Maura Moynihan (Company Secretary)
finnCap Ltd	Tel. [phone]
Jonny Franklin-Adams / Hannah Boros (Corporate Finance)
Alice Lane / Sunila de Silva (ECM)
Walbrook PR Limited	Tel. [phone] or [e-mail]
Nick Rome	Mob. [phone]
Paul Vann	Mob. [phone]

 

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