TIDMLWRF

RNS Number : 1006B

LightwaveRF PLC

18 September 2018

CORRECTION: GRANT OF OPTIONS

The following amendment has been made to the 'Grant of Options' announcement released on 18 September at 7:00 under RNS No 0467B:

The percentage of the Company's outstanding options over its ordinary shares has been updated from 5.2 per cent to 5.5 per cent of the Company's issued share capital.

All other details remain unchanged.

The full amended text is shown below.

18 September 2018

LightwaveRF plc

(AIM: LWRF)

Grant of Options

LightwaveRF plc ("LightwaveRF", "Lightwave", or "the Company"), the leading smart home solutions provider, announces that it has granted 350,000 share options to certain employees of the Company at an exercise price of 16.0 pence per share in accordance with the Company's EMI Share Option Scheme (the "Options").

The Options are exercisable three years after their grant, provided that the mid-price of the Company's ordinary shares meets or exceeds 40 pence per share at the time of exercise.

Following the grant of these Options, the Company has a total of 3,954,000 outstanding options over its ordinary shares, representing 5.5 per cent of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information:

 
 LightwaveRF plc                              www.lightwaveRF.com 
  Jason Elliott, CEO                           +44 (0) 121 250 3625 
  Kevin Edwards, CFO 
 Stockdale Securities Limited                 www.stockdalesecurities.com 
  Tom Griffiths/Edward Thomas                  +44 (0) 20 7601 6100 
                                             ---------------------------- 
 Yellow Jersey PR                             www.yellowjerseypr.com 
  Charles Goodwin/Abena Affum/Katie Bairsto    +44 (0) 7747 788 221 
                                             ----------------------------

About LightwaveRF

LightwaveRF plc ("LightwaveRF", "Lightwave", or "the Company"), is the UK's only fully integrated home automation company.

New customers typically buy a starter pack of Link Plus hub and smart dimmer which has Apple HomeKit compatibility, 2-way communication and built-in energy monitoring. Later adding other easy to install devices from the Lightwave range enables further in home control, monitoring and automation of lighting, heating and power.

Devices may be operated manually, by smartphone or tablet-based apps and also through Google Assistant and Amazon Alexa voice control.

For further information and "Newsletter sign up", please visit:

www.lightwaverf.com/corporate/

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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September 18, 2018 04:39 ET (08:39 GMT)

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