Exercise of Options and Total Voting Rights

RNS Number : 0648Q

IQGeo Group PLC

15 February 2023

 

IQGeo Group plc

(the "Company" or the "Group")

Exercise of Options and Total Voting Rights

IQGeo Group plc (AIM: IQG), a developer of geospatial software that is "Building better networks" for telecom and utility operators, announces that certain of its employees have exercised a number of options over 1,875 ordinary shares of 2 pence in the Company ("Ordinary Shares") and issued under the Company's Share Option Plans.  The 1,875 options have been exercised at a price of 205.5 pence per Ordinary Share. Application will be made for the 1,875 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 22 February 2023.

Following Admission, the Company's issued share capital will consist of 61,540,492 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 61,540,492. With effect from Admission, this 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 their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information contact:

IQGeo Group plc     [phone]

Richard Petti

Haywood Chapman

finnCap Ltd                                                                           [phone]

Henrik Persson, Seamus Fricker (Corporate Finance)

Tim Redfern, Charlotte Sutcliffe (ECM)

Notes to editors

About IQGeo

Telecommunications and utility operators are "Building better networks" with IQGeo's award-winning software solutions. The ability to powerfully model any network requirement, integrate every system and data source, and support field and office teams with continual innovation is helping operators create the networks of the future. Our solutions ensure greater cross-team collaboration and process efficiency throughout the network lifecycle, from planning and design to construction, operations, and sales.

 Whether it's highly competitive fiber and 5G broadband rollouts or complex utility grid modernization projects, customers trust IQGeo's enterprise solutions, OSPInsight fiber management, and Comsof automated design software. We partner with large multinationals and smaller regional operators to deliver the digital innovation they need to increase network resilience, operational safety, and business ROI.

For more information visit:  www.iqgeo.com/

 

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