TIDMACSO

RNS Number : 2008F

Accesso Technology Group PLC

19 February 2018

19 February 2018

accesso Technology Group plc

("accesso" or 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 471,885 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 23 February 2018.

For further information, please contact:

 
accesso Technology Group plc                     +44 (0)118 934 7400 
Tom Burnet, Executive Chairman 
John Alder, Chief Financial Officer 
FTI Consulting, LLP                              +44 (0)20 3727 1000 
Matt Dixon, Adam Davidson 
Canaccord Genuity Limited                        +44 (0)20 7523 8000 
Simon Bridges, Martin Davison, Richard Andrews 
Numis Securities Limited                         +44 (0)20 7260 1000 
Simon Willis, Mark Lander 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

ALSSFIEDMFASEDE

(END) Dow Jones Newswires

February 19, 2018 02:00 ET (07:00 GMT)

Accesso Technology (LSE:ACSO)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Accesso Technology Charts.
Accesso Technology (LSE:ACSO)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Accesso Technology Charts.