Thruvision Grp Regulatory News (THRU)

13 March 2025

Thruvision Group plc

Recent Share Price Movement

The Board of Thruvision Group plc (AIM: THRU, "Thruvision" or the "Group"), the leading international provider of walk-through security technology, notes the recent share price movement and confirms that it is not aware of any reason for the movement.

Current Trading

The Group has recently received several orders from customers in the US, Indonesia and Europe and further orders are anticipated before the end of the financial year. Accordingly, the Board continues to expect that revenue for the financial year ending 31 March 2025 will be in the range of £5 to £6 million.

A further update on trading will be provided in early April.

Strategic Review

The Strategic Review continues and discussions are ongoing with relevant parties. It is hoped that one or more offers to either acquire the Group or to provide additional cash resources will be forthcoming although there can be no certainty that such offers will materialise.

About Thruvision (www.thruvision.com)

Thruvision is the leading developer, manufacturer and supplier of advanced AI-based walk- through security technology internationally. Its technology is deployed in more than 30 countries around the world by government and commercial organisations in a wide range of security situations, where large numbers of people need to be screened quickly, safely and efficiently. Thruvision's patented technology is uniquely capable of detecting concealed objects in real time using advanced AI-based detection algorithms.

The Group's offices are near Oxford and Washington DC.

Important information

This announcement may include statements that are, or may be deemed to be, 'forward-looking statements' (including words such as 'believe', 'expect', 'estimate', 'intend', 'anticipate' and words of similar meaning). By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances, and actual results may, and often do, differ materially from any forward-looking statements. Any forward-looking statements in this announcement reflect management's view with respect to future events as at the date of this announcement. Save as required by applicable law, the Company undertakes no obligation to publicly revise any forward-looking statements in this announcement, whether following any change in its expectations or to reflect events or circumstances after the date of this announcement.