REG - Image Scan Holdings - Granting of Share Options <Origin Href="QuoteRef">IMGE.L</Origin>

Image Scan HoldingsAnnouncement

06/07/2017 16:05

RNS Number : 3717K
Image Scan Holdings PLC
06 July 2017
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain
This announcement contains inside information
Image Scan Holdings plc
("Image Scan" or the "Company")
Granting of Share Options
Image Scan Holdings plc (AIM: IGE), specialists in the field of X-ray imaging for the security and industrial inspection markets, announces it has granted options to subscribe for 1,560,000 new ordinary shares of one pence each in the Company ("Ordinary Shares") ("Options"). The Options have been granted to certain of the Company's executive directors and staff under the Image Scan Enterprise Management Incentives Share Option Plan and non-executive directors under an unapproved scheme.
The Options have an exercise price of 6.25 pence, a three year vesting period and expire on the tenth anniversary of the date of the grant.
The Options granted include the following in respect of directors of the Company:

Number of New Options Granted
Existing Options Under EMI
Existing Options under Unapproved Scheme
William Mawer
 440,000
 2,000,000
 1,500,000
Vincent Deery
 440,000
 2,300,000
 -
Timothy Jackson
 50,000
 -
 600,000
Richard Leaver
 50,000
 -
 600,000
Following the grant of the Options, the total number of options outstanding over Ordinary Shares is 11,495,000 equivalent to 8.48% of the Company's existing issued share capital.
For further information on the Company, please visitwww.ish.co.ukand for further information on the products, please visit:www.3dx-ray.com
Enquiries
Image Scan Holdings plc
+44 (0)1509 817 400
Bill Mawer, Chairman and Chief Executive Officer
ir@ish.co.uk
Sarah Atwell King, Company Secretary



Cantor Fitzgerald Europe
+44 (0)20 7894 7000
(Nominated Adviser and Broker)

Rick Thompson / Michael Reynolds (Corporate Finance)

Alex Pollen (Sales)


This information is provided by RNS
The company news service from the London Stock Exchange
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