Last checked at 5 May 2023 15:15
IQGeo Group plc
(the "Company" or the "Group")
Exercise of Options and Total Voting Rights
IQGeo Group plc (AIM: IQG), a developer of geospatial software that is "Building better networks" for telecom and utility operators, announces that a certain employee has exercised options, issued under the Company's 2020 Share Option Plan, over 5,000 ordinary shares of 2 pence in the Company ("Ordinary Shares"). The 5,000 options have been exercised at a price of 105 pence per Ordinary Share. Application will be made for the 5,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 12 May 2023.
Following Admission, the Company's issued share capital will consist of 61,545,492 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 61,545,492. With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information contact:
IQGeo Group plc +44 1223 606655
Richard Petti
Haywood Chapman
finnCap Ltd +44 20 7220 0500
Henrik Persson, Seamus Fricker (Corporate Finance)
Tim Redfern, Charlotte Sutcliffe (ECM)
Notes to Editors
About IQGeo
Telecommunications and utility operators are "Building better networks" with IQGeo's award-winning software solutions. The ability to powerfully model any network requirement, integrate every system and data source, and support field and office teams with continual innovation is helping operators create the networks of the future. Our solutions ensure greater cross-team collaboration and process efficiency throughout the network lifecycle, from planning and design to construction, operations, and sales.
Whether it's highly competitive fiber and 5G broadband rollouts or complex utility grid modernisation projects, customers trust IQGeo's enterprise solutions, OSPInsight fiber management, and Comsof automated design software. We partner with large multinationals and smaller regional operators to deliver the digital innovation they need to increase network resilience, operational safety, and business ROI.
For more information visit: www.iqgeo.com