18 Sep 2018 07:00
18 September 2018
LightwaveRF plc
(AIM: LWRF)
Grant of Options
LightwaveRF plc ("LightwaveRF", "Lightwave", or "the Company"), the leading smart home solutions provider, announces that it has granted 350,000 share options to certain employees of the Company at an exercise price of 16.0 pence per share in accordance with the Company's EMI Share Option Scheme (the "Options").
The Options are exercisable three years after their grant, provided that the mid-price of the Company's ordinary shares meets or exceeds 40 pence per share at the time of exercise.
Following the grant of these Options, the Company has a total of 3,954,000 outstanding options over its ordinary shares, representing 5.2 per cent of the Company's issued share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information:
LightwaveRF plc Jason Elliott, CEO Kevin Edwards, CFO | www.lightwaveRF.com +44 (0) 121 250 3625 |
Stockdale Securities Limited Tom Griffiths/Edward Thomas | www.stockdalesecurities.com +44 (0) 20 7601 6100 |
Yellow Jersey PR Charles Goodwin/Abena Affum/Katie Bairsto | www.yellowjerseypr.com +44 (0) 7747 788 221 |
About LightwaveRF
LightwaveRF plc ("LightwaveRF", "Lightwave", or "the Company"), is the UK's only fully integrated home automation company.
New customers typically buy a starter pack of Link Plus hub and smart dimmer which has Apple HomeKit compatibility, 2-way communication and built-in energy monitoring. Later adding other easy to install devices from the Lightwave range enables further in home control, monitoring and automation of lighting, heating and power.
Devices may be operated manually, by smartphone or tablet-based apps and also through Google Assistant and Amazon Alexa voice control.
For further information and "Newsletter sign up", please visit:
www.lightwaverf.com/corporate/