Exercise of Options and Director Dealing

RNS Number : 9343H

Newmark Security PLC

20 March 2015

 

Newmark Security plc

("Newmark" or the "Company")

Exercise of Options, Director Dealing and Total Voting Rights

Newmark Security plc (AIM:NWT), a leading provider of electronic and physical security systems, announces that it received yesterday notice from a director and certain other employees of the Company to exercise share options over an aggregate of 6,250,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). The exercise prices are either 1.425p or 1.5p depending on the underlying option scheme.

The above figure includes 3,000,000 Ordinary Shares which have been allotted to Mr Brian Beecraft, Group Finance Director under the HMRC Unapproved Share Option Scheme at an exercise price of 1.5p per Ordinary Share. Following Admission, Mr Beecraft will hold 3,000,000 Ordinary Shares, representing 0.65% of the enlarged issued share capital, and will continue to hold 5,000,000 options under the EMI Share Option Plan, none of which are currently exercisable.

Application has been made for the 6,250,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will commence on 25 March 2015. 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 456,682,316. Accordingly, the figure of 456,682,316 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 and Transparency Rules.

For further information:

Newmark Security plc
Marie-Claire Dwek, Chief Executive Officer Brian Beecraft, Group Finance Director	Tel: [phone]
	www.newmarksecurity.com

Cantor Fitzgerald Europe
David Foreman / Michael Reynolds, Corporate Finance David Banks / Tessa Sillars, Corporate Broking	Tel: [phone]

Yellow Jersey

Dominic Baretto /Anne Sampson /Kelsey Traynor                     Tel: [phone]

[e-mail]

Notes to editors

Newmark Security PLC is a leading provider of electronic and physical security systems, which focus on personal security and the safety of assets. Operating through two established and wholly owned divisions, Grosvenor Technology (Electronic) and Safetell (Asset Protection), the Group listed on AIM in 1997.

Grosvenor Technology provides state of the art access control and data acquisition systems delivered via its reputable JANUS access control platform and its CUSTOM brand data-collection terminals. The next generation and recently launched SATEON software is a brand new and innovative access control concept which delivers all the features of a software based system but in the cloud which improves lifecycle cost, install speed and allows for instant maintenance from anywhere in the world. Grosvenor Technology clients include BAE Systems, UK Air Traffic Control, BSkyB, Merrill Lynch, Bank of America, M & S, Morrisons, Tesco, Network Rail, government departments and many universities. More information can be found at www.grosvenortechnology.com

Offering staff and asset protection since 1987, Safetell is the UK's leading provider of fixed and reactive security screens, reception counters, cash management systems and associated security equipment. Safetell's customers range from leading blue chip organisations to single sites including banks and building societies, police forces and the Post Office, local authorities and government departments, forecourt retailers and supermarket chains. More information can be found at www.safetell.co.uk

 

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