ProPhotonix Director/PDMR Dealings and Equity
SALEM, NH--(Marketwired - Dec 11, 2017) - ProPhotonix Limited (OTC PINK: STKR) (AIM: PPIX)
OTC: STKR; AIM: PPIX
ProPhotonix Announces Director/PDMR Dealings and Issue of Equity
(Salem, New Hampshire, December 11, 2017) ProPhotonix Limited (OTC: STKR and London Stock Exchange - AIM: PPIX), a high technology designer and manufacturer of LED illumination systems and laser diode modules, with operations in Ireland and the United Kingdom, announces that application has been made for in aggregate 1,050,000 new common shares of $0.001 in the Company ("New Shares") to be admitted to trading on AIM ("Admission") following the exercise of options and warrants as listed below:
Position | New Shares | Exercise price | Enlarged shareholding | Percentage of enlarged share capital | ||||||
Philip Feeley | CFO | 1,050,000 | $0.03883 | 1,453,503 | 1.58% | |||||
Following Admission, the Company's issued share capital will comprise 91,875,402 common shares, with voting rights. The Company does not hold any common shares in treasury. Therefore, the total number of common shares in the Company with voting rights will be 91,875,402. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.