WINDAR PHOTONICS PLC

Related Party Transaction • Jan 2, 2019

National Storage Mechanism | Additional information

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RNS Number : 8651L

Windar Photonics PLC

02 January 2019

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.

Windar Photonics plc

("Windar" or the "Company")

Director Dealing

Windar Photonics plc (AIM:WPHO), the technology group that has developed a cost efficient and innovative LIDAR wind sensor for use on electricity generating wind turbines, announces that the Put / Call option agreement (the "Agreement") entered into on 15 March 2016 by Pasinika s.á.r.l ("Pasinika"), wholly owned by Jørgen Korsgaard Jensen, CEO of the Company and an existing shareholder of O-Net WaveTech Limited, has been extended from 31 December 2018 and will now expire on 30 June 2019.

Full details of the Agreement are contained in the announcement released to the market on 15 March 2016.

For further information:

Windar Photonics plc	Jørgen Korsgaard Jensen, CEO	+45 2168 9476
Cantor Fitzgerald Europe Nominated Adviser and Broker	David Foreman Richard Salmond	+44 (0)20 7894 7000

About Windar:

Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimisation systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.

http://investor.windarphotonics.com 

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