PPIX Prophotonix Limited

TIDMPPIX

RNS Number : 3558Y

ProPhotonix Limited

05 December 2017

December 5, 2017

ProPhotonix Limited

("ProPhotonix" or "the Company")

Application for Block Admission

ProPhotonix Limited (London Stock Exchange - AIM: PPIX & PPIR, OTC: STKR) announces that an application for block admission has been made for 19,497,867 common shares of US$0.001 each ("Common Shares") in the Company ("Block Admission Shares") which will be issued from time to time in accordance with the rules of the Company's 2007 and 2014 Stock Incentive Plans, pursuant to share options granted between 2009 and 2017.

The Block Admission Shares will rank pari passu in all respects with the existing issued Common Shares of the Company and it is expected that admission will become effective on 7 December 2017.

The Company will provide notifications when there are changes to the issued share capital, in order for shareholders to calculate whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

Enquiries:

 
  ProPhotonix Limited               Tel: +1 603 893 8778 
   Tim Losik, President & CEO        ir@prophotonix.com 
 
  Cantor Fitzgerald Europe          Tel: +44 (0)207 894 
   (Nominated Adviser and Broker)    7000 
   Andrew Craig 
   Richard Salmond 
 

About ProPhotonix

ProPhotonix Limited, headquartered in Salem, New Hampshire, is a high technology designer and manufacturer of LED illumination systems and laser diode modules for industry leading OEMs and medical equipment companies. In addition, the Company distributes premium diodes for Ushio (formerly OCLARO), Osram, QSI, Panasonic, and Sony. The Company serves a wide range of markets including the machine vision, industrial inspection, security, and medical markets. ProPhotonix has offices and subsidiaries in the U.S., Ireland, U.K., and Europe. For more information about ProPhotonix and its innovative products, visit the Company's website at www.prophotonix.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 05, 2017 02:01 ET (07:01 GMT)

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