REG - Spectra Systems Spectra Systems-SPSC - Removal of Regulation S restrictions from shares

Spectra SystemsAnnouncement

20/05/2022 08:45

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RNS Number : 2442M  Spectra Systems Corporation  20 May 2022

Spectra Systems Corporation

(the "Company")

Removal of Regulation S restrictions from shares of common stock

Spectra Systems Corporation, a leader in machine-readable high speed banknote
authentication, brand protection technologies and gaming security software,
announces that restrictive legends have been removed from a further 69,845
shares of common stock of the Company.

As a result, these share have transferred from the Regulation S stock line
ISIN number USU8457D1091 (AIM:SPSC) into the unrestricted line ISIN number
US84756T1060 (AIM:SPSY).

The Company's issued share capital now comprises:

974,592 shares in the Regulation S stock line ISIN number USU8457D1091
(AIM:SPSC); and

44,345,847 shares in the unrestricted line ISIN number US84756T1060
(AIM:SPSY).

Spectra Systems has no Shares in treasury, therefore 45,320,439 may be used
by shareholders as the denominator for the calculations 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 and Transparency Rules.

Enquiries:

 

 Spectra Systems Corporation                          Tel: +1 (0)401 274 4700

 Dr. Nabil Lawandy, Chief Executive Officer

 WH Ireland Limited (Nominated Adviser and Broker)    Tel: +44 (0)20 7220 1650

 Chris Fielding (Head of Corporate Finance)

 Andrew de Andrade (Executive, Corporate Finance)

 Allenby Capital Limited (Joint Broker)               Tel: +44 (0)20 3328 5665

 Nick Naylor/James Reeve (Corporate Finance)

 Amrit Nahal (Sales and Corporate Broking)

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the “UK MAR”) which is part of
UK law by virtue of the European Union (Withdrawal) Act 2018. The information
is disclosed in accordance with the Company’s obligations under Article 17
of the UK MAR. Upon the publication of this announcement, this inside
information is now considered to be in the public domain.

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