Issue of Equity, TVR and PDMR Shareholding

RNS Number : 9538Z

FireAngel Safety Technology Group

27 May 2021

 

27 May 2021

FireAngel Safety Technology Group plc

("FireAngel" or the "Company")

Issue of Equity

Total Voting Rights

and

PDMR Shareholding

Further to its announcement of 10 May 2021, the Company announces that application has been made for the admission to trading on AIM ("Admission")  of 63,348   new ordinary shares of 2 pence each in the Company ("Shares") pursuant to the exercise by Adam Devey, a PDMR of the Company, of employee share options from its Share Matching Scheme.  Admission of the Shares to trading on AIM is expected to occur on 28 May 2021.

The Shares rank pari passu with the Company's existing issued ordinary shares of 2 pence each.  Following Admission, the Company's issued share capital will comprise 181,066,637 Shares carrying voting rights.  This figure 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 in their interests in, the Company under the FCA's Disclosure Guidance and Transparency Rules. 

Following Admission, Mr Devey will have a total beneficial interest of 63,348 Shares, representing 0.03 per cent. of the Company's current issued share capital. Contrary to the statement made in its announcement on 10 May 2021, the Company wishes to clarify that the 63,348 Shares for which application to trading on AIM has been applied for represent all of the options held by Mr Devey   in the Company's Share Matching Scheme and interest in the Company.

For further information, please contact:

FireAngel Safety Technology Group plc	024 7771 7700
John Conoley, Executive Chairman
Zoe Fox, Chief Financial Officer
[e-mail]
Shore Capital (Nominated adviser and joint broker)	020 7408 4050
Tom Griffiths/David Coaten
N+1 Singer (Joint broker)
Rick Thompson/Alex Bond	020 7496 3000
Houston (Financial PR)	0204 529 0549
Kate Hoare/Laura Stewart

Notes to Editors

About FireAngel Safety Technology Group plc ('FireAngel')

FireAngel's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible.  FireAngel is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.  

FireAngel's principal products are smoke alarms, CO alarms and accessories.  The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, AngelEye and FireAngel Connect.

For further product information, please visit: www.fireangeltech.com  

 

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