Calnex Solutions
plc
("Calnex" or the
"Company")
Exercise
of Options
Calnex Solutions plc (AIM: CLX), a
leading provider of test and measurement solutions for the global
telecommunications and cloud computing markets, announces that the
Company has issued a total of 17,700 new ordinary shares of 0.125
pence each ("New Shares"), pursuant to the exercise of options
issued under the Company's EMI Share Option
Plan.
Application will be made for the
admission of the New Shares to trading on AIM ("Admission"). The
New Shares will rank pari passu with the existing Ordinary Shares
and it is expected that Admission will become effective on or
around 8.00 a.m. on 26 February 2024.
Following Admission, the Company's
issued share capital will consist of 87,558,302 Ordinary Shares
with voting rights. Calnex does not hold any Ordinary Shares in
treasury. This figure of 87,558,302 may be used by shareholders in
the Company as the denominator for the calculations by which they
will determine if they require to notify their interest in, or a
change to their interest in, the share capital of the Company under
the UK Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.
For more
information, please contact:
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Calnex
Solutions plc
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Via Alma
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Tommy Cook, Chief Executive Officer
Ashleigh Greenan, Chief Financial
Officer
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Cavendish
Capital Markets Limited - NOMAD
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+44 (0)131 220 6939
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Derrick Lee, Peter Lynch
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Alma
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+ 44(0) 20 3405 0213
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Caroline Forde, Hannah Campbell, Joe
Pederzolli
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Overview of
Calnex
Calnex Solutions designs, produces
and markets test and measurement instrumentation and solutions for
the telecommunications and cloud computing industries. Calnex's
portfolio enables R&D, pre-deployment and in-service testing
for network technologies and networked applications,
enabling its customers to validate the performance
of the critical infrastructure associated
with telecommunications and cloud computing networks and
the applications that run on it.
To date, Calnex has
secured and delivered orders in 68 countries across the
world. Customers include BT, China Mobile, NTT, Ericsson,
Nokia, Intel, Qualcomm, IBM and Meta.
Founded in 2006, Calnex is
headquartered in Linlithgow, Scotland, with additional locations in
Belfast, Northern Ireland, Stevenage, England and California in the
US, supported by sales teams in China and India. Calnex has a
global network of partners, providing a worldwide
distribution capability.