Exercise of Share Options and Allotment of Shares

RNS Number : 8075U
Inspecs Group PLC
31 July 2020
 

31 July 2020

 

Inspecs Group plc

(the "Company")

Exercise of share options and allotment of shares

The Company announces that it has issued 69,312 new ordinary shares of 1 pence each in the Company ("Ordinary Shares"), pursuant to an exercise of share options granted on 10 December 2019. Application has been made to the London Stock Exchange for the 69,312 new Ordinary Shares to be admitted to trading on AIM.

It is expected that admission will become effective and dealings in the new Ordinary Shares will commence on 3 August 2020. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company.

Following admission of the 69,312 new Ordinary Shares, the Company's issued share capital will consist of 70,814,707 Ordinary Shares with voting rights and that figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to the interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For further information please contact:

Inspecs Group plc

via FTI Consulting

Robin Totterman (CEO)

Tel: +44 (0) 20 3727 1000

Chris Kay (CFO)

 

 

 

Peel Hunt (Nominated Adviser and Broker)

Tel: +44 (0) 20 7418 8900

Adrian Trimmings

 

Andrew Clark

 

Will Bell

 

 

 

FTI Consulting (Financial PR)

Tel: +44 (0) 20 3727 1000

Alex Beagley

 

James Styles

 

Fern Duncan

 

Alice Newlyn

 

 


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