29 Apr 2019 09:38
29 April 2019
LightwaveRF plc
("LightwaveRF" or the "Company")
Update re Deferred Settlement Shares
Further to its announcements of 19 March 2019 and 8 April 2019, LightwaveRF (AIM: LWRF) announces that it has agreed that settlement be deferred in respect of the remaining 9,732,687 Deferred Settlement Shares, forming part of the Conditional Subscription. Settlement of the remaining Deferred Settlement Shares is expected by 24 May 2019.
A further announcement relating to the balance of the Deferred Settlement Shares will be made in due course.
This announcement should be read in conjunction with the full text of the Circular dated 1 March 2019, copies of which are available on the Company's website at www.lightwaverf.com. Capitalised terms in this announcement have the same meaning as given in the Circular.
For further enquiries please contact:
LightwaveRF plc Jason Elliott, CEO Kevin Edwards, CFO | www.LightwaveRF.com +44 (0) 121 250 3625 |
Stockdale Securities Limited Tom Griffiths/David Coaten |
+44 (0) 20 7601 6100 |
Yellow Jersey PR Charles Goodwin | www.yellowjerseypr.com +44 (0) 7747 788 221 |
About LightwaveRF
LightwaveRF 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.
Leading tech industry publication 9to5 Mac describes LightwaveRF as "the best UK HomeKit solution for smart lighting".
For further information and "Newsletter sign up", please visit: www.LightwaveRF.com/corporate/