REG - IQGeo Group PLC - Exercise of Options and Total Voting Rights

IQGeoAnnouncement

12/12/2023 14:00

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RNS Number : 5251W  IQGeo Group PLC  12 December 2023

IQGeo Group plc

(the "Company" or the "Group")

Exercise of Options and Total Voting Rights

IQGeo Group plc (AIM: IQG), a leading developer of geospatial productivity and
collaboration software for telecoms and utility network operators, announces
that certain of its employees have exercised a number of options over 53,333
ordinary shares of 2 pence in the Company ("Ordinary Shares") and issued under
the Company's Share Option Plans. Of the 53,333 options, 45,000 have been
exercised at a price of £0.625 per Ordinary Share and 8,333 have been
exercised at a price of £1.430 per Ordinary Share. Application will be made
for the 53,333 new Ordinary Shares to be admitted to trading on AIM
("Admission") and it is expected that Admission will occur on or around 18
December 2023.

Following Admission, the Company's issued share capital will consist of
61,663,825 Ordinary Shares with one voting right each. The Company does not
hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary
Shares and voting rights in the Company will be 61,663,825. With effect from
Admission, this figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

 

For further information contact:

 

IQGeo Group
plc
+44 1223 606655

Richard Petti

Haywood Chapman

 

finnCap
Ltd
+44 20 7220 0500

Henrik Persson, Seamus Fricker (Corporate Finance)

Tim Redfern, Charlotte Sutcliffe (ECM)

 

Notes to editors

 

About IQGeo

 

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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