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LONDON - Science Group plc (AIM:SAG), a company specializing in science and technology consulting, has announced the issuance of 10,000 treasury shares on Monday. These shares were issued at an average price of 1 pence per share as a result of the exercise of share options on May 9, 2025.
Following this transaction, the total number of ordinary shares in issue, excluding treasury shares, stands at 44,567,805. The company now holds 1,618,069 shares in treasury. Shareholders may use the figure of 44,567,805 as the denominator for calculations when determining whether they need to disclose changes in their interest in the company, according to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
This issuance of treasury shares represents a routine corporate action by Science Group as part of its stock option plan for employees. The exercise of share options and the consequent issuance of shares from the company’s treasury is a common practice among public companies, allowing employees to purchase stock at a predetermined price.
The information regarding the issuance of treasury shares is based on a press release statement and is intended to inform shareholders and the market about the latest share capital structure of Science Group. The company has not provided further details on the specific use of proceeds from this issuance or any additional strategic implications.
Science Group is known for providing advisory and product development services across a range of sectors, including medical, environmental, and consumer industries. The company’s shares are traded on the AIM market of the London Stock Exchange (LON:LSEG).
Investors and shareholders are often attentive to such announcements as they can affect the ownership structure and potentially the share price of a company. However, the impact of the issuance of a relatively small number of treasury shares is typically minimal in comparison to the total shares outstanding.
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