TIDMWPHO

RNS Number : 2481L

Windar Photonics PLC

30 December 2022

Windar Photonics plc

("Windar" or the "Company")

Issue of Equity

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 it has agreed with its Non-Executive Director, Paul Hodges, to settle his 2022 Director fees of GBP25,000 through the issue of 125,000 new ordinary shares at a price of 20p each.

Application has been made for these shares to be admitted to trading on AIM and it is anticipated that admission will take place on Friday 6 January 2023. Following the admission, the Company's issue share capital will be 68,361,444 with no shares in treasury.

The total number of voting rights in the Company is 68,361,444 shares, which may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Following Admission, Mr Hodges will be interested in 1,086,818 ordinary shares in the Company, representing 1.59 per cent of the issued share capital of the Company.

For further information, please visit http://www.investor.windarphotonics.com or contact:

 
Windar Photonics plc 
Jørgen Korsgaard Jensen, CEO    Tel: +45 24234930 
 
WH Ireland Limited (Nomad & Broker) 
Chris Fielding / Megan Liddell       Tel: +44 20 7220 1666

Notes to Editors:

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.

The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.

 
1   Details of the person discharging managerial responsibilities ("PDMR") / person closely associated 
     ("PCA") 
a)  Name                                                              Paul Hodges 
2   Reason for the notification 
a)  Position/status                                                  Non-Executive Director 
b)  Initial notification /Amendment                                  Initial notification 
3   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
a)  Name                                                             Windar Photonics plc 
b)  LEI                                                              2138003JZZMKJGOOCR02 
4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
     each type of transaction; (iii) each date; and (iv) each place where transactions have been 
     conducted 
a)  Description of the financial instrument, type of instrument      Ordinary shares of 1 pence each 
 
    Identification code                                              GB00BTFR4F17 
 
b)  Nature of the transaction                                        Issue of New Ordinary Shares 
c)  Price(s) and volume(s)                                           Volume: 125,000 ordinary shares 
                                                                      Price: 20.0 pence per share 
 
 
 
d)  Aggregated information 
 
    - Aggregated volume                                              N/A 
 
    - Price 
 
e)  Date of the transaction                                          29 December 2022 
f)  Place of the transaction                                         London Stock Exchange (AIM: WPHO)

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END

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