REG - Windar Photonics PLC - Issue of Equity

Windar PhotonicsAnnouncement

30/12/2022 07:00

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RNS Number : 2481L  Windar Photonics PLC  30 December 2022

Windar Photonics plc

("Windar" or the "Company")

Issue of Equity

Windar Photonics plc (AIM:WPHO), the technology group that has developed a
cost efficient and innovative LiDAR wind sensor for use on electricity
generating wind turbines, announces that it has agreed with its Non-Executive
Director, Paul Hodges, to settle his 2022 Director fees of £25,000 through
the issue of 125,000 new ordinary shares at a price of 20p each.

Application has been made for these shares to be admitted to trading on AIM
and it is anticipated that admission will take place on Friday 6 January 2023.
Following the admission, the Company's issue share capital will be 68,361,444
with no shares in treasury.

The total number of voting rights in the Company is 68,361,444 shares, which
may be used by shareholders as the denominator for the calculations by which
they determine if they are required to notify their interest in, or a change
to their interest in, the Company under the Financial Conduct Authority's
Disclosure and Transparency Rules.

Following Admission, Mr Hodges will be interested in 1,086,818 ordinary shares
in the Company, representing 1.59 per cent of the issued share capital of the
Company.

 

For further information, please visit http://www.investor.windarphotonics.com
(http://www.investor.windarphotonics.com/) or contact:

 

 Windar Photonics plc
 Jørgen Korsgaard Jensen, CEO             Tel:  +45 24234930

 WH Ireland Limited (Nomad & Broker)
 Chris Fielding / Megan Liddell           Tel:  +44 20 7220 1666

 

Notes to Editors:

 

Windar Photonics is a technology group that develops cost-efficient and
innovative Light Detection and Ranging ("LiDAR") optimisation systems for use
on electricity generating wind turbines. LiDAR wind sensors in general are
designed to remotely measure wind speed and direction.

 

The notifications set out below are provided in accordance with the
requirements of the Market Abuse Regulation.

 

 1    Details of the person discharging managerial responsibilities ("PDMR") /

    person closely associated ("PCA")

 a)   Name                                                          Paul Hodges
 2    Reason for the notification
 a)   Position/status                                              Non-Executive Director
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Windar Photonics plc
 b)   LEI                                                          2138003JZZMKJGOOCR02
 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, type of instrument  Ordinary shares of 1 pence each

      Identification code                                          GB00BTFR4F17

 b)   Nature of the transaction                                    Issue of  New Ordinary Shares
 c)   Price(s) and volume(s)                                       Volume: 125,000 ordinary shares

                                                                   Price: 20.0 pence per share

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      29 December 2022
 f)   Place of the transaction                                     London Stock Exchange (AIM: WPHO)

 

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