Exercise of Options and Total Voting Rights
Fonix PLC announced the exercise of employee share options for 14,834 ordinary shares, which were satisfied from treasury shares. Following this, the company's issued share capital stands at 100,000,000 ordinary shares, with 896,335 remaining in treasury, resulting in a total voting share capital of 99,103,665 shares for notification purposes. There are 1,727,614 outstanding share options remaining under the Company's Share Option Plan.
Select text to share a quote on X · sign in to keep highlights & notes in your FNX notes
The Company announces that it received notice of exercise ("Exercise") in relation to employee share options over 14,834 ordinary shares of 0.1p each in the Company ("Ordinary Shares") issued under the Company's Share Option Plan.
Accordingly, the Company has transferred 14,834 shares previously held in Treasury to satisfy the Exercise. As a result, the Company's issued share capital now consists of 100,000,000 Ordinary Shares, 896,335 of which remain held in Treasury. For reporting under the FCA's Disclosure Guidance and Transparency Rules, shareholders should exclude any Ordinary Shares held in Treasury and should use the figure of 99,103,665 Ordinary Shares (the total voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.
Following this Exercise, there remain 1,727,614 outstanding share options in issue under the Company's Share Option Plan.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.