REG - IQGeo Group PLC - Block Admission Application

IQGeoAnnouncement

31/01/2024 10:00

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RNS Number : 5365B  IQGeo Group PLC  31 January 2024

IQGeo Group plc

("the "Company" or the "Group")

Block Admission Application

IQGeo Group plc (AIM: IQG), a leading developer of geospatial productivity and
collaboration software for telecoms and utility network operators,
announces that application has been made to the London Stock Exchange for a
block admission of 1,000,000 ordinary shares of 2 pence each ("Ordinary
Shares") to be admitted to trading on AIM ("Block Admission").

The Block Admission relates to Ordinary Shares that will be issued from time
to time in accordance with the exercise of options under the IQGeo Group plc
2020 Share Option Plan, under which both EMI and unapproved options can be
granted. All Ordinary Shares issued pursuant to the Block Admission will
rank pari passu with the existing Ordinary Shares.

It is expected that the Block Admission will become effective on or around 5
February 2024.

There is no change to the Group's issued share capital as a result of the
Block Admission and, following the Block Admission becoming effective the
Group will continue to have 61,691,490 Ordinary Shares in issue. There are no
shares held in treasury and thus the total number of voting rights in the
Group is 61,691,490. The Company has no other block listings.

Total voting rights

The Company intends to notify on a monthly basis when there are changes to the
issued share capital of the Company, and these monthly figures may be used by
shareholders as the denominator for the calculation by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company, under the FCA's
Disclosure Guidance and Transparency Rules.

 

CONTACTS

For further information contact:

 

IQGeo Group
plc
                               +44 1223 606 655

Richard Petti

Haywood Chapman

 

Cavendish Capital Markets
Limited
+44 20 7220 0500

Henrik Persson, Seamus Fricker (Corporate Finance)

Tim Redfern (ECM)

 

 About IQGeo Group plc

Telecommunications and utility operators are "Building better networks" with
IQGeo's award-winning software solutions. The ability to powerfully model any
network requirement, integrate every system and data source, and support field
and office teams with continual innovation is helping operators create the
networks of the future. Our solutions ensure greater cross-team collaboration
and process efficiency throughout the network lifecycle, from planning and
design to construction, operations, and sales.

 

Whether it's highly competitive fiber and 5G broadband rollouts or complex
utility grid modernization projects, IQGeo's enterprise solutions, our
OSPInsight fiber design software, and our Comsof automated planning software
are proven industry leaders. We partner with large multinationals and smaller
regional operators to deliver the digital innovation they need to increase
network resilience, operational safety, and business ROI.

Headquartered in Cambridge, with offices in Denver, Ghent, Toronto, Frankfurt
and Tokyo, we work with some of the largest network infrastructure operators
in the world. For more information visit: www.iqgeo.com/
(http://www.iqgeo.com/)

IQGeo trades on AIM with the ticker IQG.

For additional information please visit www.iqgeo.com (http://www.iqgeo.com/)

 

 

 

 

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