Thruvision Group PLC Sharesave option grant to Executive Director (8035O)
February 03 2023 - 2:24AM
UK Regulatory
TIDMTHRU
RNS Number : 8035O
Thruvision Group PLC
03 February 2023
3 February 2023
Thruvision Group plc
("Thruvision" or the "Group")
Sharesave option grant to Executive Director
Thruvision (AIM:THRU), the leading provider of "safe distance"
people-screening technology to the international security market
announces a grant of share options under the Thruvision Sharesave
Scheme (the "Scheme").
The Remuneration Committee of the Group have granted, under the
rules of the Scheme, an option over 81,447 Ordinary 1p shares with
an exercise price of 17.68 pence per share to Victoria Balchin.
The exercise price, set on 11 January 2023, is calculated on the
basis of 80% of the closing middle market price of Thruvision
shares on 11 January 2023. The option may be exercised between 1
March 2026 and 31 August 2026, assuming the conditions of the
Scheme are met.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provides further
detail:
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Victoria Balchin
----------------------------------------- ---------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------------
(a) Position/status Chief Financial Officer
----------------------------------------- ---------------------------------------
(b) Initial notification/ Initial notification
Amendment
----------------------------------------- ---------------------------------------
3. Details of the issuer
----------------------------------------------------------------------------------
(a) Name Thruvision Group plc
----------------------------------------- ---------------------------------------
(b) LEI 213800IZG9GM6G2TZE04
----------------------------------------- ---------------------------------------
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 Ordinary shares of GBP0.01 each
Financial Instrument
----------------------------------------- ---------------------------------------
(b) Identification code GB00B627R876
of the Financial
Instrument
----------------------------------------- ---------------------------------------
(c) Nature of the transaction Grant of Options under the Sharesave
Scheme.
----------------------------------------- ---------------------------------------
(d) Price(s) and volume(s) Price(s) Volume(s)
------------------ -------------------
17.68p 81,447
------------------ -------------------
(e) Aggregated information N/A
* Aggregated volume
- Price
----------------------------------------- ---------------------------------------
(f) Date of the transaction 3 February 2023
----------------------------------------- ---------------------------------------
(g) Place of the transaction Not a trading venue
----------------------------------------- ---------------------------------------
For further information please contact:
Thruvision Group plc +44 (0)1235 425400
Tom Black, Executive Chairman
Colin Evans, Chief Executive
Investec Investment Banking (NOMAD & Broker) +44 (0)20 7597 5970
Patrick Robb / James Rudd / Sebastian Lawrence
FTI Consulting LLP +44 (0)20 3727 1000
Matt Dixon
About Thruvision
Addressing the urgent need for "safe distance" people security
screening in the COVID era, Thruvision is uniquely capable of
detecting metallic and non-metallic items including weapons,
explosives and contraband items that are hidden under clothing, at
distances between 3 and 10m. Using patented passive terahertz
technology, Thruvision completely removes the need for physical
"pat-downs" and has been vetted and approved by the US
Transportation Security Administration for surface transportation.
Operationally deployed in 20 countries around the world, Thruvision
is used for aviation security, retail supply chain loss prevention,
customs and border control, and public area security. The company
has offices near Oxford, and Washington DC.
www.thruvision.com
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END
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