Exercise of Share Options and Total Voting Rights
04 May 2018
Image Scan (AIM:IGE), the AIM-listed specialist supplier of X-ray screening systems to the security and industrial inspection announces it has received notice from several employees to exercise share options over 350,000 new ordinary shares of 1 pence each in the Company (“Ordinary Shares”) under the Company’s Enterprise Management Incentive scheme (“EMI scheme”).
200,000 of these options have an exercise price of 4 pence per Ordinary Share and 150,000 of these options have an exercise price of 2 pence per Ordinary Share. Application has been made for the 350,000 new Ordinary Shares to be admitted to trading on AIM (“Admission”) which is expected to occur on 4 May 2018. The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission will be 136,354,577. The Company does not hold any shares in treasury. Accordingly, the figure of 136,354,577 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
For further information, please contact:
Image Scan Holdings plc Tel: +44 (0) 1509 817400
William Mawer, Chairman
Sarah Atwell-King, Company Secretary
Cantor Fitzgerald Europe Tel: +44 (0) 207 894 7000
Rick Thompson / David Foreman (Corporate Finance)
Alex Pollen / Caspar Shand Kydd (Sales)
About Image Scan Holdings plc
Image Scan Holdings plc (AIM: IGE) is focused on the development and commercialisation of market leading real-time X-ray solutions for use in the global Security and Industrial inspection markets. The Company’s Security portfolio includes the ThreatScan® range of portable bomb and suspect package detection systems; the Axis range of baggage inspection systems; and SVXi, a small vehicle inspection system. The Industrial inspection solutions include the MDXi product range, cabinet X-ray systems for laboratories and production lines. The Company was founded in 1996 and joined AIM in 2002.