REG - Thruvision Group PLC - Award of Share Options

ThruvisionAnnouncement

Mon 11:30

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RNS Number : 6741N  Thruvision Group PLC  05 January 2026

5 January 2026

Thruvision Group plc

 

Award of Share Options

Thruvision Group plc (AIM: THRU), ("Thruvision" or the "Company") a leading
provider of walk-through security technology, announces that, on 5 January
2026, Thruvision granted 26,600,000 options over ordinary shares of 1 pence in
Thruvision ("Options") under the Thruvision Group plc Long Term Incentive Plan
("LTIP") to a director and certain employees of the Company.  Details of the
award to the director of Thruvision are as follows:

 Name              Type of Option award               No of Options awarded  Exercise price on award  Market Value on award  Date of vesting
 Victoria Balchin  EMI - Tax approved/ UK unapproved  10,000,000             £0.01                    £95,000                5 January

                                                                                                                             2029

The Options will become exercisable on the third anniversary of grant, subject
to the grantee's continued service with Thruvision and will remain exercisable
at any point up until the tenth anniversary of the date of grant. In addition,
the vesting of the award is subject to the achievement of performance
conditions relating to the strategic and financial objectives of the Group.

In total Options were granted to 27 employees to retain and incentivise key
employees. All Options have an exercise price of £0.01.

The notification in Appendix 1 to this announcement, made in accordance with
the requirements of the  Market Abuse Regulation, provides further detail.

For further information please contact:

 

 Thruvision Group                                                              +44 (0)1235 425400
 plc

 Tom Black, Executive Chairman

 Victoria Balchin, Chief Executive Officer

 Allenby Capital Limited (NOMAD & Broker)                                      +44 (0)20 3328 5656

 James Reeve / Piers Shimwell (Corporate Finance)

 Jos Pinnington / Amrit Nahal (Sales)

 

About Thruvision (www.thruvision.com)

Thruvision is a leading developer, manufacturer and supplier of walk-through
security technology. Its technology is deployed in more than 30 countries
around the world by government and commercial organisations in a wide range of
security situations, where large numbers of people need to be screened
quickly, safely and efficiently. Thruvision's patented technology is capable
of detecting concealed objects in real time using an advanced AI-based
detection algorithm. The Group has offices and manufacturing capability in the
UK and US.

 

Appendix 1

 

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             Victoria Balchin
 2.   Reason for the notification
 (a)  Position/status                                   Chief Executive Officer and Chief Financial Officer
 (b)  Initial notification/ Amendment                  Initial notification

 3.   Details of the issuer
 (a)  Name                                             Thruvision Group plc
 (b)  LEI                                              213800IZG9GM6G2TZE04
 4.   Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 (a)  Description of the Financial Instrument          Ordinary shares of £0.01 each in Thruvision Group plc
 (b)  Identification code of the Financial Instrument  GB00B627R876

 (c)  Nature of the transaction                        Entry into an Award Agreement pursuant to which a tax advantaged Enterprise
                                                       Management Incentive Award was granted over 8,840,000 Ordinary Shares of 1
                                                       pence each in Thruvision Group plc and a non-tax advantaged option award over
                                                       1,160,000 Ordinary Shares of 1 pence each in Thruvision Group plc.

                                                       The award was granted with an option price of £0.01 per share and will
                                                       ordinarily become exercisable three years from the date of grant, subject to
                                                       the grantee's continued service, and once exercisable may be exercised at any
                                                       point up until the tenth anniversary of the date of grant.
 (d)  Price(s) and volume(s)                           Price(s)                                  Volume(s)
                                                       Nil                                       10,000,000
 (e)  Aggregated information                           N/A

      -              Aggregated volume

      -              Price

 (f)  Date of the transaction                          5 January 2026
 (g)  Place of the transaction                         Outside a trading venue

 

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