REG - Calnex Solutions PLC - Exercise of Options

Calnex SolutionsAnnouncement

29/01/2025 11:00

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RNS Number : 1411V  Calnex Solutions PLC  29 January 2025

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 333,334 new ordinary shares
of 0.125 pence each ("New Shares"), pursuant to the exercise of options issued
under the Company's equity incentive schemes.

 

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 on or around
8.00 a.m. on 3 February 2025.

 

Following Admission, the Company's issued share capital will consist of
87,891,636 Ordinary Shares with voting rights. Calnex does not hold any
Ordinary Shares in treasury. This figure of 87,891,636 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 Strategic Communications                  + 44(0) 20 3405 0213
 Caroline Forde, Joe Pederzolli, Emma Thompson

 

Overview of Calnex

Calnex Solutions designs, produces and markets test and measurement
instrumentation and solutions for the telecoms 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 telecoms 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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