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Exercise of Options

9 Apr 2020 17:13

RNS Number : 4425J
Filtronic PLC
09 April 2020
 

09 April 2020

Filtronic plc("Filtronic" or "the Company")

Exercise of Options and Issue of Equity

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the wireless telecoms and critical communications markets, announces that the Company has issued 1,000,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") as a result of an exercise of options under the Company's Employee Share Option Plan 2010.

Application has been made for the 1,000,000 new Ordinary Shares to be admitted to trading on AIM. It is expected that dealings in these new Ordinary Shares will commence on 17 April 2020. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the Company will have in issue a total of 213,698,416 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore the number of total voting rights for the Company will be 213,698,416.

 

Enquiries:

Filtronic plc

Tel. 0113 220 0000 or investor.relations@filtronic.com

Reg Gott (Executive Chairman)

Michael Tyerman (Finance Director)

Maura Moynihan (Company Secretary)

finnCap Ltd

Tel. 020 7220 0500

Jonny Franklin-Adams / Hannah Boros (Corporate Finance)

Alice Lane / Sunila de Silva (ECM)

Walbrook PR Limited

Tel. 020 7933 8780 or filtronic@walbrookpr.com

Nick Rome

Mob. 07748 325236

Paul Vann

Mob. 07768 807631

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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