REG - Calnex Solutions PLC - Exercise of Options

Calnex SolutionsAnnouncement

14/02/2024 13:15

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RNS Number : 1572D  Calnex Solutions PLC  14 February 2024

Calnex Solutions plc

 

("Calnex" or the "Company")

 

Exercise of Options

 

Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement
solutions for the global telecommunications and cloud computing markets,
announces that the Company has issued a total of 16,667 new ordinary shares of
0.125 pence each ("New Shares"), pursuant to the exercise of options issued
under the Company's EMI Share Option Plan.

 

Application will be made for the admission of the New Shares to trading on AIM
("Admission"). The New Shares will rank pari passu with the existing Ordinary
Shares and it is expected that Admission will become effective at 8.00 a.m. on
16 February 2024.

 

Following Admission, the Company's issued share capital will consist of
87,540,602 Ordinary Shares with voting rights. Calnex does not hold any
Ordinary Shares in treasury. This figure of 87,540,602 may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they require to notify their interest in, or a change
to their interest in, the share capital of the Company under the UK Financial
Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

 

For more information, please contact:

 Calnex Solutions plc                             Via Alma
 Tommy Cook, Chief Executive Officer

 Ashleigh Greenan, Chief Financial Officer

 Cavendish Capital Markets Limited - NOMAD        +44 (0)131 220 6939
 Derrick Lee, Peter Lynch

 Alma                                             +44(0) 20 3405 0213
 Caroline Forde, Hannah Campbell, Joe Pederzolli

 

Overview of Calnex

Calnex Solutions designs, produces and markets test and measurement
instrumentation and solutions for the telecommunications and cloud computing
industries. Calnex's portfolio enables R&D, pre-deployment and in-service
testing for network technologies and networked applications, enabling its
customers to validate the performance of the critical infrastructure
associated with telecommunications and cloud computing networks and the
applications that run on it.

 

To date, Calnex has secured and delivered orders in 68 countries across the
world. Customers include BT, China Mobile, NTT, Ericsson, Nokia, Intel,
Qualcomm, IBM and Meta.

 

Founded in 2006, Calnex is headquartered in Linlithgow, Scotland, with
additional locations in Belfast, Northern Ireland, Stevenage, England and
California in the US, supported by sales teams in China and India. Calnex has
a global network of partners, providing a worldwide
distribution capability.

 

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