Exercise of Options and Total Voting Rights

Summary by AI ^BETAClose X

Spectra Systems Corporation announced the exercise of options by an employee, resulting in the issuance of 16,199 new shares of common stock after a net cashless exercise. These shares are expected to be admitted to trading on AIM around April 21, 2026. Following this issuance, the Company's total issued share capital comprises 628,457 shares in the Regulation S stock line and 47,758,431 shares in the unrestricted line, with 20,000 shares held in treasury, bringing the total potentially used for shareholder notification calculations to 48,366,888.

Disclaimer*

Spectra Systems Corporation

16 April 2026

Spectra Systems Corporation

(the "Company")

Exercise of Options and Total Voting Rights

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software, announces the exercise of options by an employee of Spectra.

The employee has exercised options over 19,302 shares of common stock of $0.01 each in the Company ("Shares") with an exercise price of 25p per share on 06 April, 2026. The employee has elected to utilize the net cashless exercise feature and has therefore surrendered 3,103 options to the Company. Accordingly, the employee will be issued 16,199 shares.

The shares being issued are restricted securities as defined in Rule 144 of the US Securities Act of 1933 and have been issued pursuant to an exemption from registration under Rule 701 promulgated under the US Securities Act of 1933.

Accordingly, the Company has issued and will apply for 16,199 Shares to be admitted to trading on AIM, which is expected to take place on or around 21 April 2026 ("Admission").

The Company's issued share capital now comprises:

§ 628,457 shares in the Regulation S stock line ISIN number USU8457D1091 (AIM:SPSC); and

§ 47,758,431 shares in the unrestricted line ISIN number US84756T1060 (AIM:SPSY).

Spectra Systems holds 20,000 Shares in treasury, therefore 48,366,888 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 interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer

Tel: +1 (0)401 274 4700

Zeus (Nominated Adviser and Joint Broker)

James Joyce / James Bavister/ Andrew de Andrade (Investment Banking)

Allenby Capital Limited (Joint Broker)

Nick Naylor/James Reeve (Corporate Finance)

Amrit Nahal (Sales and Corporate Broking)

Tel: +44 (0)20 3829 5000

Tel: +44 (0)20 3328 5665

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