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Exercise of Warrants and Exercise of Options

4 Jun 2014 15:13

RNS Number : 8609I
Transense Technologies PLC
04 June 2014
 

DJ Transense Technologies PLC Exercise of Options

Transense Technologies PLC

4 June 2014

Exercise of Warrants and Exercise of Options

Transense Technologies plc (the "Company") announces that it has approved the issue and allotment of 750,000 new ordinary shares of 1p each in the Company (the "Option Shares") following the exercise of share options by an employee.

The Company also announces that it has issued 6,164 new ordinary shares of 1p each in the Company (the "Warrant Shares") following the exercise of warrants at a price of 4.5 pence per share.

Application will be made for the 750,000 Option Shares and 6,164 Warrant Shares to be admitted to trading on AIM, which is expected to occur on 11 June 2014.

Following the issue of the Option Shares and the Warrant Shares, the Company's issued share capital will be 290,131,984 ordinary shares representing 290,131,984 voting rights in the Company.

This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For more information, please contact:

 

Transense Technologies plc Tel: +44 (0)1869 238 380

Graham Storey, Chief Executive

 

N+1 Singer (Nominated Adviser and Broker) Tel: +44 (0)20 7496 3000

Shaun Dobson, Aubrey Powell

 

Newgate Threadneedle (Financial PR) Tel: +44 (0)20 7653 9850

Caroline Evans-Jones, Robyn McConnachie

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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