TIDMIGE

RNS Number : 8299U

Image Scan Holdings PLC

07 December 2021

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

7 December 2021

Image Scan Holdings plc

("Image Scan", the "Company" or the "Group")

Director/PDMR Shareholding and Total Voting Rights

Image Scan (AIM: IGE), the specialist supplier of X-ray screening systems to the security and industrial inspection markets, has received notice from each of Sarah Atwell King and Vince Deery to each exercise share options over 250,000 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Company's Enterprise Management Incentive scheme ("EMI scheme") at an exercise price of 2p.

 
                  Options being   Resulting holding     Resulting holding 
                   exercised       of ordinary shares    as % of the enlarged 
                                                         issued share 
                                                         capital 
 Vincent Deery    250,000         333,077               0.24% 
                 --------------  --------------------  ---------------------- 
 Sarah Atwell 
  King            250,000         325,000               0.24% 
                 --------------  --------------------  ---------------------- 
 

Application has been made for the 500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") which is expected to occur on 13 December 2021. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 136,854,577. The Company does not hold any shares in treasury. Accordingly, the figure of 136,854,577 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information on the Company, please visit: www.ish.co.uk and for further information on its

products, please visit:   www.3dx-ray.com 
 
 Enquiries: 
 Image Scan Holdings plc                                Tel: +44 (0) 1509 817 
  William Mawer, Chairman and Chief Executive Officer    400 
  Sarah Atwell King, Finance Director and Company        ir@ish.co.uk 
  Secretary 
                                                       ---------------------- 
 W H Ireland - Nominated Adviser and Broker             Tel: +44 (0) 117 945 
  Mike Coe/Sarah Mather (Corporate Finance)              3470 
                                                       ---------------------- 
 

About Image Scan Holdings plc

The core activity of the Group is the manufacture of portable X-ray systems for security and counter terrorism applications. The Group recently launched a cabinet X-ray machine and is replacing its Axis range of checkpoint X-ray systems with new machines developed with a partner. All these products are taken to market across the world through a strong network of international partners.

In addition, over the last fourteen years, Image Scan has developed and manufactured industrial X-ray inspection systems, the MDXi range. The primary market for these systems is in automotive emissions control where they are used for quality control inspection of catalytic converters and diesel particulate filters.

For further information on the Company, please visit: www.ish.co.uk - and for further information on its products, please visit: www.3dx-ray.com

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Sarah Atwell King 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Financial Director and Company Secretary 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        Image Scan Holdings plc 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800DOY65DJDUDJP88 
     --------------------------  ----------------------------------------- 
 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 
       financial instrument,        Ordinary Shares of 1p each 
       type of instrument 
 
       Identification code          GB0031410581 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Exercise of options under EMI scheme 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)                   Price(s)   Volume(s) 
                                    Ordinary 
                                     Shares     2p         250,000 
                                               ---------  ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
 
       Ordinary Shares: 
       - Aggregated volume          250,000 
       - Price                      GBP5,000 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     7 December 2021 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Vince Deery 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Sales and Marketing Director 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Image Scan Holdings plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800DOY65DJDUDJP88 
     ---------------------------  -------------------------------------- 
 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 
       financial instrument,         Ordinary Shares of 1p each 
       type of instrument 
 
       Identification code           GB0031410581 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Exercise of options under EMI scheme 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)                    Price(s)   Volume(s) 
                                     Ordinary 
                                      Shares     2p         250,000 
                                                ---------  ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       Ordinary Shares: 
       - Aggregated volume           250,000 
       - Price                       GBP5,000 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      7 December 2021 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange, AIM 
     ---------------------------  -------------------------------------- 
 

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END

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December 07, 2021 04:59 ET (09:59 GMT)

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