Blocklisting update

RNS Number : 2023O

Thruvision Group PLC

08 June 2022

 

RNS

8 June 2022

Thruvision Group plc

(" Thruvision " or the "Company")

Blocklisting update

Thruvision (AIM:THRU), the leading provider of "safe distance" people-screening technology to the international security market today announces, that an application has been made to the London Stock Exchange for the blocklisting of 2,000,000 ordinary shares of 1p each ("New Ordinary Shares").

The New Ordinary Shares will be issued from time to time pursuant to the exercise of employee share options under the Thruvision Group plc Long Term Incentive Plan.

On exercise, these shares will be issued as fully paid and will rank pari passu with the existing ordinary shares in issue. It is expected that admission will be granted on 13 June 2022.

An update to the blocklisting application is given below and on the assumption that the 2,000,000 shares are admitted on 13 June 2022.

Name of Company:  Thruvision Group plc

Name of Scheme:   Thruvision Group plc Long Term Incentive Plan

Corrected balance of Ordinary 1p shares under the  204,500

Scheme at 31 March 2022:

Number of Ordinary 1p shares issued   105,000

under the Scheme during the period:

Number of Ordinary 1p shares cancelled   Nil 

under the scheme during the period:

Balance of Ordinary 1p shares under the   99,500

Scheme at 8 June 2022.

Number of shares to be admitted on

13 June 2022   2,000,000

Balance of Ordinary 1p shares under the   2,099,500

Scheme at 13 June 2022.

At 8 June 2022 the total number of Ordinary Shares in issue with voting rights is 147,165,718.

No Ordinary Shares are held in treasury.

The above figure of 147,165,718 Ordinary Shares in the Company carrying voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Thruvision Group plc                                                                       [phone]

Tom Black, Executive Chairman

Colin Evans, Chief Executive

Investec Investment Banking (NOMAD & Broker)                    [phone]

Patrick Robb / James Rudd / Sebastian Lawrence

FTI Consulting LLP  [phone]

Matt Dixon

Tom Blundell

About Thruvision

Addressing the urgent need for "safe distance" people security screening in the COVID era, Thruvision is uniquely capable of detecting metallic and non-metallic items including weapons, explosives and contraband items that are hidden under clothing, at distances between 3 and 10m. Using patented passive terahertz technology, Thruvision completely removes the need for physical "pat-downs" and has been vetted and approved by the US Transportation Security Administration for surface transportation. Operationally deployed in 20 countries around the world, Thruvision is used for aviation security, retail supply chain loss prevention, customs and border control, and public area security. The company has offices near Oxford and Washington DC.

www.thruvision.com

 

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