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Replacement: Grant of Options

18 Sep 2018 09:39

RNS Number : 1006B
LightwaveRF PLC
18 September 2018
 

CORRECTION: GRANT OF OPTIONS

 

The following amendment has been made to the 'Grant of Options' announcement released on 18 September at 7:00 under RNS No 0467B:

 

The percentage of the Company's outstanding options over its ordinary shares has been updated from 5.2 per cent to 5.5 per cent of the Company's issued share capital.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

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 5.5 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/

 

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.
 
END
 
 
MSCLIFVTADITLIT
Date   Source Headline
11th Mar 20167:00 amRNSFinal Results
2nd Mar 201612:00 pmRNSHolding(s) in Company
14th Jan 20167:00 amRNSLicence Agreement and Order
26th Oct 201511:00 amRNSHolding(s) in Company
2nd Oct 201510:00 amRNSGrant of Options
18th Sep 20159:00 amRNSDirector Dealings
7th Sep 20157:00 amRNSAppointment of director & total voting rights
31st Jul 20157:00 amRNSFundraising and Directorate Changes
20th Jul 20157:00 amRNSAdditional UK Distribution
13th Jul 20157:00 amRNSRe Contract
3rd Jul 20157:46 amRNSHolding(s) in Company
1st Jul 20157:00 amRNSTrading Statement
22nd May 20157:00 amRNSHalf Yearly Report
11th May 20157:00 amRNSLightwaveRF Super Smart TRV Patent Application
5th May 20157:01 amRNSLagan Homes makes a smart move to LightwaveRF
9th Apr 20157:00 amRNSApple Homekit Development Update
19th Mar 201512:33 pmRNSAGM Result and Directorate Change
4th Mar 20157:00 amRNSBoiler Energy Monitor Patent
25th Feb 20159:30 amRNSIssue of New Equity
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2nd Feb 20157:00 amRNSFinal Results
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10th Dec 20147:00 amRNSDirectorate Change
31st Oct 201411:50 amRNSHolding(s) in Company
21st Oct 201412:00 pmRNSDirectorate Change
29th Sep 20147:00 amRNSTrading Update
27th Aug 20144:31 pmRNSDirector/PDMR Shareholding
25th Jul 20144:26 pmRNSHolding(s) in Company
16th Jul 20147:00 amRNSSmart Dimmer
7th Jul 20147:00 amRNSIssue of New Equity
3rd Jul 20145:21 pmRNSHolding(s) in Company
30th Jun 20147:00 amRNSMajor International Distribution Agreement
26th Jun 201412:00 pmRNS20,000 Live User Mark & Apple MFi developer
22nd May 20147:00 amRNSHalf Yearly Report
23rd Apr 20144:51 pmRNSHolding(s) in Company
4th Apr 201410:12 amRNSResult of Meeting (Replacement)
2nd Apr 20141:31 pmRNSResult of Meeting
14th Mar 20142:33 pmRNSDirectorate Change
10th Mar 201412:02 pmRNSDirectorate Change
10th Mar 201412:01 pmRNSChange of Name and Share Consolidation
10th Mar 201412:00 pmRNSFinal Results
6th Feb 20147:00 amRNS$800,000 Order Marks Launch of Heating Range
18th Nov 201312:11 pmRNSUK Distribution Update
7th Oct 20138:58 amRNSAppointment of Master UK Distributor
2nd Oct 20137:00 amRNSWarwick University Collaboration
30th Sep 20134:22 pmRNSShare Price Movement
30th Aug 201310:31 amRNSDirector/PDMR Shareholding
28th Aug 20134:24 pmRNSDirector/PDMR Shareholding
27th Jun 20137:00 amRNSHalf Yearly Report

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