Trackwise Designs PLC Exercise of Options and Total Voting Rights (1234H)
July 30 2021 - 09:15AM
UK Regulatory
TIDMTWD
RNS Number : 1234H
Trackwise Designs PLC
30 July 2021
TRACKWISE DESIGNS PLC
("Trackwise", the "Company" or the "Group")
Exercise of Options and Total Voting Rights
Trackwise Designs (AIM: TWD), a leading provider of specialist
products using printed circuit technology, announces the exercise
of share options by a number of current and former employees of the
Company over 239,416 new ordinary shares of 4 pence each in the
capital of the Company ("Ordinary Shares") at an exercise price of
28.25 pence per share.
Application has been made to the London Stock Exchange for the
239,416 new Ordinary Shares to be admitted to trading on AIM and
admission is expected to occur on or around 8.00am 5 August 2021.
The new Ordinary Shares will rank pari passu with the existing
Ordinary Shares in issue.
Total Voting Rights
For the purpose of the Disclosure Guidance and Transparency
Rules, following the above issue of equity, the issued share
capital of the Company will comprise 28,665,538 Ordinary Shares.
The above figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the
Company, under the Disclosure Guidance and Transparency Rules.
Enquiries:
Trackwise Designs plc +44(0)16 8429 9930
Philip Johnston, CEO www.trackwise.co.uk
Mark Hodgkins, CFO
finnCap Ltd +44(0)20 7220 0500
NOMAD and Broker
Ed Frisby / Tim Harper - Corporate Finance
Andrew Burdis / Barney Hayward - ECM
Alma PR +44(0)20 3405 0212
Financial PR and IR
David Ison / Caroline Forde / Josh Royston
/ Kieran Breheny
Notes to editors:
Trackwise is a UK-based manufacturer of specialist products
using printed circuit technology.
The full suite includes: Improved Harness Technology(TM) ("IHT")
and Advanced PCBs - Microwave and Radio Frequency ("RF"), Short
Flex, Flex Rigid and Rigid Multilayer products.
IHT uses a proprietary, patented process that Trackwise has
developed to manufacture multilayer flexible printed circuits of
unlimited length. While the technology has many applications, the
directors expect that one of its primary uses will be to replace
traditional wire harness in a variety of industries.
The Company manufactures on two sites, located in Tewkesbury and
Stevenage (following the acquisition of Stevenage Circuits Ltd in
April 2020). It serves customers in Europe and North America. The
Company has acquired a third site in Stonehouse Gloucestershire
initially for its EV programme.
Trackwise Designs plc was admitted to trading on AIM in 2018
with the ticker TWD. For additional information please visit
www.trackwise.co.uk
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END
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