Street Calls of the Week
LONDON - Newmark Security plc (AIM:NWT), a provider of data management solutions and security systems, announced Thursday the issuance of 20,000 new ordinary shares following the exercise of employee share options.
The options, granted on June 20, 2022, were exercised at a price of 5 pence per share, according to a company press release.
The newly issued shares are expected to be admitted to trading on AIM around September 10, 2025, and will rank equally with existing ordinary shares.
Following the admission of these new shares, Newmark’s total issued share capital will consist of 9,394,647 ordinary shares of 5 pence each, with one voting right per share. The company confirmed it does not hold any shares in treasury.
Newmark noted that shareholders may use this updated figure as the denominator for calculations to determine if they need to notify their interest in the company’s share capital under the FCA’s Disclosure Guidance and Transparency Rules.
The London-based company operates in the UK and US, providing electronic, software and physical security systems, with a focus on human capital management and access control systems.
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