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ACCESSO TECHNOLOGY GROUP PLC — Share Issue/Capital Change 2020
Jun 25, 2020
7460_sha_2020-06-25_83cb1ae3-957c-466c-8174-f9be1dbc3b0b.html
Share Issue/Capital Change
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National Storage Mechanism | Additional information
RNS Number : 0651R
Accesso Technology Group PLC
25 June 2020
25 June 2020
accesso® Technology Group plc
(the "Company")
Block Listing Application
The Company announces that application has been made to AIM of the London Stock Exchange plc for the block admission of an additional 500,000 ordinary shares of 1 penny each ("Ordinary Shares"). These Ordinary Shares will be available to be issued to satisfy the exercise of options under the terms of the accesso Technology Group 2014 Long Term Incentive Plan, Lo-Q plc EMI Share Option Scheme, Lo-Q plc 2011 Share Option Scheme for Directors and Employees of Lo-Q Inc, Lo-Q Service Canada Inc, Visionone do Brasil Ltda and Visionone, S.A. de C.V and the accesso Technology Group plc Unapproved Share Option Scheme ("Share Option Plans") to certain existing employees of the Company or its subsidiaries.
All Ordinary Shares issued pursuant to the exercise of options under the Share Option Plans will rank pari passu with the existing Ordinary Shares. It is expected that the increase in the Ordinary shares available to be issued through the block admission will become effective on 1 July 2020.
For further information, please contact:
| accesso Technology Group plc | +44 (0)118 934 7400 |
| Steve Brown, Chief Executive Officer | |
| Fern MacDonald, Chief Financial Officer | |
| Numis Securities Limited (Nominated Adviser and Sole Broker) | +44 (0)20 7260 1000 |
| Simon Willis, Mark Lander, Hugo Rubinstein | |
| FTI Consulting, LLP (Financial Public Relations) | +44 (0)20 3727 1000 |
| Matt Dixon, Adam Davidson, Chris Birt |
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 [email protected] or visit www.rns.com.
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