Last checked at 12 Oct 2015 13:16
12 October 2015
IXICO plc
(the 'Company')
Exercise of Share Options
IXICO plc ("IXICO" or the "Company")
Additional Listing
IXICO (AIM: IXI) announces that 14,101 new ordinary shares of 50 pence each in IXICO plc (the "New Ordinary Shares") have been issued and allotted pursuant to the exercise of options under the IXICO Technologies Limited Unapproved Share Option Scheme (the "Scheme"). Under the terms of the Scheme the new shares issued and allotted in IXICO Technologies Limited are subject to a put and call arrangement resulting in the New Ordinary Shares being issued and allotted.
Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. Admission is expected to be effective on 16 October 2015 and, when issued, the New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares.
Following the admission to trading of the New Ordinary Shares, IXICO will have 15,215,664 ordinary shares of 50 pence each in issue.
Enquiries:
IXICO plc
Derek Hill, CEO
Susan Lowther, CFO
Charles Spicer, VP Corporate Development
+44 20 3763 7499
Peel Hunt LLP (Nominated Adviser and Broker)
James Steel
Oliver Jackson
+44 20 7418 8900+44 20 7418 8900
Daniel Stewart & Company (Joint Broker)
Mark Treharne
David Hart
+44 207 776 6550+44 207 776 6550