Tekmar Group plc, a leading provider of technology and services for the global offshore energy markets, announces that it has issued, conditional on admission, 1,197,353 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), pursuant to the exercise of share options by certain PDMRs. Of the 1,197,353 share options being exercised, 1,180,280 relate to the Company's Share Option Plan and 17,073 relate to the Company's 2021 Retention Plan.
Application has been made for the 1,197,353 new Ordinary Shares to be admitted to trading on AIM. It is expected that the dealings in these new Ordinary Shares will commence on 25 July 2024. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Total Voting Rights
Following Admission, the Group's share capital and total voting rights comprises 137,269,979 Ordinary Shares, with no Ordinary Shares held in treasury. Therefore, this figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Group under the FCA's Disclosure Guidance and Transparency Rules.
