Last checked at 10 Jun 2014 09:10
10 June 2014
Microsaic Systems plc
("Microsaic" or the "Company")
EXERCISE OF SHARE OPTIONS
Microsaic Systems plc (AIM: MSYS), the developer of miniaturised chip-based scientific instruments, announces that following the exercise of employee share options on 6 June 2014, application has been made for 58,000 Ordinary Shares of 0.25 pence each in the Company to be admitted to AIM, with trading expected to commence on 13 June 2014.
Following the exercise of the options, Microsaic will have 52,566,376 Ordinary Shares in issue.
Contacts
Microsaic Systems Colin Jump, CEO | Via Citigate Dewe Rogerson |
Andrew Darby, FD
Numis Securities Limited Stuart Skinner (Nominated Adviser) James Serjeant (Broker) |
+44 (0)20 7260 1000 |
Citigate Dewe Rogerson (Financial PR) Mark Swallow, Malcolm Robertson, Chris Gardner |
+44 (0)20 7282 2948/2867/2995
|
About Microsaic Systems
Microsaic Systems develops and sells chip-based scientific instruments for the chemical identification of substances. The Company's products are based on the 'gold-standard' scientific technique of mass spectrometry.
Microsaic Systems has developed a miniaturised mass spectrometer based on its patented, chip-based technologies (ionchip®, spraychip® and vac-chip™), that is smaller, lighter, quieter, more energy efficient and cheaper to run than conventional mass spectrometer systems.
Mass spectrometry is used across many industry sectors, including government, energy, utilities, pharmaceutical, diagnostics and healthcare, environmental, food and drink, security and defence, and industrial chemicals - a combined market of $3 billion in 2012.
Microsaic Systems was established in 2001 by a team including founders from Imperial College London, and was admitted to AIM in April 2011 under the symbol MSYS.