Exercise of Share Options

RNS Number : 0640B

IXICO plc

02 October 2015

 



2 October 2015

IXICO plc

(the 'Company')

Exercise of Share Options

 IXICO plc ("IXICO" or the "Company")

Additional Listing

IXICO (AIM: IXI) announces that 142,581 new ordinary shares of 50 pence each in IXICO plc (the "New Ordinary Shares") have been issued and allotted pursuant to the exercise of options under the IXICO Technologies Limited Unapproved Share Option Scheme (the "Scheme").  Under the terms of the Scheme the new shares issued and allotted in IXICO Technologies Limited are subject to a put and call arrangement resulting in the New Ordinary Shares being issued and allotted.

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. Admission is expected to be effective on 8 October 2015 and, when issued, the New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Following the admission to trading of the New Ordinary Shares, IXICO will have 15,201,563 ordinary shares of 50 pence each in issue.

Enquiries:                                   

IXICO plc                              

Derek Hill, CEO

Susan Lowther, CFO

Charles Spicer, VP Corporate Development                        

[phone]                                     

Peel Hunt LLP (Nominated Adviser and Broker)

James Steel

Oliver Jackson

[phone][phone]

Daniel Stewart & Company (Joint Broker)

Mark Treharne

David Hart

[phone][phone]

 

END

 

 

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