REG - Filtronic PLC - Exercise of Options and Issue of Equity

FiltronicAnnouncement

29/09/2023 15:30

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RNS Number : 2266O  Filtronic PLC  29 September 2023

29 September 2023

Filtronic plc

("the Company")

Exercise of Options and Issue of Equity

Filtronic plc (AIM: FTC), the designer and manufacturer of products and
sub-systems for the aerospace, defence, telecoms infrastructure and space
markets, announces that the Company has issued 200,000 new ordinary shares of
0.1 pence each ("Ordinary Shares") as a result of an exercise of options under
the Company's Employee Share Option Plan 2010.

Application has been made for the 200,000 new Ordinary Shares to be admitted
to trading on AIM. It is expected that dealings in these new Ordinary Shares
will commence on 2 October 2023. The new Ordinary Shares will rank pari passu
with the existing Ordinary Shares.

Following Admission, the Company will have in issue a total of 215,321,085
Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.
Therefore, the number of total voting rights for the Company will be
215,321,085.

 

Enquiries:

 Filtronic plc                                              Tel. 01740 618800 or investor.relations@filtronic.com
                                                            (mailto:investor.relations@filtronic.com)
 Richard Gibbs (Chief Executive Officer)
 Michael Tyerman (Chief Financial Officer)

 Cavendish Capital Markets Limited                          Tel. 020 7220 0500
 Jonny Franklin-Adams/George Dollemore (Corporate Finance)
 Sunila de Silva (ECM)

 Walbrook PR Limited                                        Tel. 020 7933 8780 or filtronic@walbrookpr.com
                                                            (mailto:filtronic@walbrookpr.com)
 Paul Vann                                                  Mob. 07768 807 631

 

 

Following an internal review of previous share admissions, it came to the
Company's attention that the shares in relation to the Company's announcement
on 16 August 2019, the issue of 111,304 ordinary shares (0.05% of share
capital) of 0.1 pence each ("Ordinary Shares") as a result of an exercise of
options under the Company's Sharesave Plan, were not admitted to trading on
AIM. Submission for these Ordinary Shares to be admitted has now been
completed and they will be admitted to trading on 2 October 2023 along with
the exercise of the share options. These are included within the 215,321,085
Ordinary Shares in issue referred to above.

 

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