Exercise of Share Options, Issue of Equity and TVR
Getech Group plc announced the exercise of employee share options resulting in the issuance of 232,999 new ordinary shares, which will be admitted to trading on AIM around July 7, 2026. Following this, the company's total issued share capital will be 152,717,518 ordinary shares, a figure shareholders can use for regulatory notification purposes. This issuance is part of the normal operation of the company's employee share option schemes.
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Getech (AIM: GTC), a world-leading locator of subsurface resources, announces that it has received notices to exercise employee share options ("Share Options") over a total of 232,999 new ordinary shares of 0.25 pence each in the Company ("Ordinary Shares").
An application has been made to the London Stock Exchange for the 232,999 new Ordinary Shares to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and it is expected that Admission will become effective at 8.00 a.m. on or around 7 July 2026.
Following Admission, the Company's issued share capital will consist of 152,717,518 Ordinary Shares with one voting right each. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.
The option exercises form part of the normal operation of the Company's employee share option schemes.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.