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Position in Universe th / 1826

IndigoVision Group - Director's Shareholding - Correction

Thu 7th July, 2016 3:33pm
RNS Number : 5935D
IndigoVision Group PLC
07 July 2016

7 July 2016

IndigoVision Group PLC ("IndigoVision" or the "Group")

Director's Shareholding - Correction

On 7 August 2015, the Company announced that the trustee (the "Trustee") of the Company's HMRC approved all-employee SIP had purchased 277 ordinary shares of 1p each in the capital of the Company ("Shares") in the market at a price of 2.17 per share on behalf of Marcus Kneen, CEO of the Company, using deductions made from his gross salary. The Company also announced that an award of 277 further Shares were made to Mr. Kneen under the "Matching Share" element of the SIP on the basis of one free Matching Share for every one Share purchased.

Mr. Kneen's resultant holding, following the above detailed purchase and the subsequent "Matching Share" award, was incorrectly stated in the announcement of 7 August 2015 as 214,897 Shares. Mr. Kneen's actual resultant holding was 215,174 Shares. Consequently and following subsequent purchases of 206 Shares announced on 9 May 2016 and 3,842 Shares announced on 8 June 2016, the Company confirms that Mr. Kneen's current holding is 219,222 Shares, representing 2.88 per cent. of the issued share capital of the Company.

For further information please contact:

IndigoVision Group plc

Marcus Kneen (CEO)

Chris Lea (CFO)

+44 (0)131 475 7200

N+1 Singer - Nominated Advisor

Sandy Fraser

+44 (0)207 496 3000

Notes to Editors

About IndigoVision

IndigoVision is a leader in the design and manufacture of high performance, intelligent video security systems for large scale and complex security installations. From video capture and transmission to analysis and storage, IndigoVision networked video security systems provide the best quality and most secure video evidence, and use market leading compression technology to minimise network bandwidth usage and reduce storage costs.

IndigoVision's technology is ideally suited for use in mission critical facilities such asgovernment, oil and gas, transport, cities, industry, education, police, prisons and casinosto improve public safety, protect assets, develop organisations' operational efficiency and support law enforcement.

IndigoVision has sales and support teams in 22 countries and operates through 18 regional centres, in Edinburgh, London, Paris, Amsterdam, Dusseldorf, Johannesburg, Dubai, Mumbai, Singapore, Macau, Shanghai, Sydney, Mexico City, Toronto, Bogot, New Jersey, Buenos Aires and Sao Paulo. IndigoVision partners with a network of some 600 trained and authorised IndigoVision resellers to provide local system design, installation and servicing to IndigoVision's system users.

This information is provided by RNS
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