Last checked at 6 Jul 2017 16:04
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain
This announcement contains inside information
Image Scan Holdings plc("Image Scan" or the "Company")
Granting of Share Options
Image Scan Holdings plc (AIM: IGE), specialists in the field of X-ray imaging for the security and industrial inspection markets, announces it has granted options to subscribe for 1,560,000 new ordinary shares of one pence each in the Company ("Ordinary Shares") ("Options"). The Options have been granted to certain of the Company's executive directors and staff under the Image Scan Enterprise Management Incentives Share Option Plan and non-executive directors under an unapproved scheme.
The Options have an exercise price of 6.25 pence, a three year vesting period and expire on the tenth anniversary of the date of the grant.
The Options granted include the following in respect of directors of the Company:
Number of New Options Granted | Existing Options Under EMI | Existing Options under Unapproved Scheme | |
William Mawer | 440,000 | 2,000,000 | 1,500,000 |
Vincent Deery | 440,000 | 2,300,000 | - |
Timothy Jackson | 50,000 | - | 600,000 |
Richard Leaver | 50,000 | - | 600,000 |
Following the grant of the Options, the total number of options outstanding over Ordinary Shares is 11,495,000 equivalent to 8.48% of the Company's existing issued share capital.
For further information on the Company, please visit www.ish.co.uk and for further information on the products, please visit: www.3dx-ray.com
Enquiries
Image Scan Holdings plc | +44 (0)1509 817 400 |
Bill Mawer, Chairman and Chief Executive Officer | ir@ish.co.uk |
Sarah Atwell King, Company Secretary | |
Cantor Fitzgerald Europe | +44 (0)20 7894 7000 |
(Nominated Adviser and Broker) | |
Rick Thompson / Michael Reynolds (Corporate Finance) | |
Alex Pollen (Sales) |