Thruvision Group PLC Sharesave option grant to Executive Director (9371Q)
October 24 2019 - 2:00AM
UK Regulatory
TIDMTHRU
RNS Number : 9371Q
Thruvision Group PLC
24 October 2019
RNS
24 October 2019
Thruvision Group plc
("Thruvision" )
Sharesave option grant to Executive Director
Thruvision (AIM: THRU), the specialist provider of
people-screening technology to the international security market,
announces a grant of share options under the Thruvision Sharesave
Scheme (the "Scheme").
The 2019 launch of the Scheme closed at 5pm on 23 October 2019.
Only applications received before this time will be awarded share
options under the Scheme.
Adrian Crockett (Finance Director) will be granted, under the
rules of the Scheme, an option over 8,152 ordinary shares of 1p
each with an exercise price of 22.08 pence per share.
The exercise price, set on 8 October 2019, is calculated on the
basis of 80% of the closing middle market price of Thruvision
shares on 7 October 2019. The option may be exercised between 1
December 2022 and 30 May 2023, assuming the conditions of the
Scheme are met.
Immediately prior to this grant, Adrian Crockett did not have
any entitlement under the Scheme.
In total 13 employees applied to be granted share options under
the Scheme resulting in the anticipated award of 410,863 options in
the week commencing 28 October 2019.
For further information please contact:
Thruvision Group plc +44 (0)1235 436180
Tom Black, Executive Chairman
Colin Evans, Chief Executive
Investec Bank plc +44 (0)20 7597 5970
James Rudd / Sebastian Lawrence / Patrick Robb
FTI Consulting LLP +44 (0)20 3727 1000
Matt Dixon / Shamma Kelly
About Thruvision
Thruvision Group plc is a specialist provider of
people-screening technology. Using patented passive terahertz
technology, Thruvision is uniquely capable of detecting metallic
and non-metallic threats including weapons, explosives and
contraband items that are hidden under clothing, at distances up to
10m. Addressing the growing need for fast, safe and effective
security, Thruvision has been vetted and approved by the US
Transportation Security Administration. Operationally deployed in
20 countries around the world, Thruvision is used for a range of
applications including mass transit and aviation security,
facilities and public area protection, customs and border control
and supply chain loss prevention. The company has offices near
Oxford, in Washington DC, and in Sydney.
www.thruvision.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCLLFSTIILVFIA
(END) Dow Jones Newswires
October 24, 2019 02:00 ET (06:00 GMT)
Thruvision (LSE:THRU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Thruvision (LSE:THRU)
Historical Stock Chart
From Jul 2023 to Jul 2024