Image Scan Holdings PLC Granting of Share Options (3717K)
07 July 2017 - 1:04AM
UK Regulatory
TIDMIGE
RNS Number : 3717K
Image Scan Holdings PLC
06 July 2017
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain
This announcement contains inside information
Image Scan Holdings plc
("Image Scan" or the "Company")
Granting of Share Options
Image Scan Holdings plc (AIM: IGE), specialists in the field of
X-ray imaging for the security and industrial inspection markets,
announces it has granted options to subscribe for 1,560,000 new
ordinary shares of one pence each in the Company ("Ordinary
Shares") ("Options"). The Options have been granted to certain of
the Company's executive directors and staff under the Image Scan
Enterprise Management Incentives Share Option Plan and
non-executive directors under an unapproved scheme.
The Options have an exercise price of 6.25 pence, a three year
vesting period and expire on the tenth anniversary of the date of
the grant.
The Options granted include the following in respect of
directors of the Company:
Existing Existing Options
Number of New Options Under under Unapproved
Options Granted EMI Scheme
---------------- ----------------- ----------------------- --------------------------------
William Mawer 440,000 2,000,000 1,500,000
---------------- ----------------- ----------------------- --------------------------------
Vincent Deery 440,000 2,300,000 -
---------------- ----------------- ----------------------- --------------------------------
Timothy Jackson 50,000 - 600,000
---------------- ----------------- ----------------------- --------------------------------
Richard Leaver 50,000 - 600,000
---------------- ----------------- ----------------------- --------------------------------
Following the grant of the Options, the total number of options
outstanding over Ordinary Shares is 11,495,000 equivalent to 8.48%
of the Company's existing issued share capital.
For further information on the Company, please visit
www.ish.co.uk and for further information on the products, please
visit: www.3dx-ray.com
Enquiries
Image Scan Holdings plc +44 (0)1509 817 400
Bill Mawer, Chairman and ir@ish.co.uk
Chief Executive Officer
Sarah Atwell King, Company
Secretary
Cantor Fitzgerald Europe +44 (0)20 7894 7000
(Nominated Adviser and
Broker)
Rick Thompson / Michael
Reynolds (Corporate Finance)
Alex Pollen (Sales)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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