02 March 20
("Tracsis" or the "Company")
Tracsis hereby provides notification that application has been made to the London Stock Exchange for the blocklisting of 156,582 ordinary shares of 0.4p each ("Blocklisting Shares"), and admission of the Blocklisting Shares is expected to occur on 6 March 2020.
The Blocklisting Shares will be issued from time to time pursuant to the exercise of employee share option under the following scheme, up to the numbers stated below and as per the performance metrics and vesting schedules attached to the scheme:
2019 Non-EMI Staff LTIP - 156,582
The Company will make six-monthly announcements of the utilisation of the Block Admission, in line with its obligations under AIM Rule 29.
At the time of this application, Tracsis has 28,852,751 Ordinary Shares in issue.
Tracsis plc | Tel: 0845 125 9162
Chris Barnes, CEO Max Cawthra, CFO
finnCap Ltd | Tel: 020 7220 0500
Christopher Raggett/Scott Mathieson, Corporate Finance Andrew Burdis, Corporate Broking