Exercise of Options

About this update from Chesterfield Special Cylinders Holdings Plc

[{"type":"text","content":"\n \nRNS Number : 7088Z Pressure Technologies PLC 16 March 2017  \n\n16 March 2017\n \nPressure Technologies plc\n(\"Pressure Technologies\" or the \"Company\")\n \nExercise of Options\n \nPressure Technologies plc announces that it has issued and allotted 12,495 new ordinary shares of 5p each in the Company, following an exercise of options pursuant to the Company's share option scheme. The options were exercised as part of a net settling arrangement and consistent with the rules of the LTIP, at nil cost per share.\n \nThe new ordinary shares will rank pari passu with existing ordinary shares in the Company and application has been made for these new ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 23 March 2017.\n \nTotal Voting Rights\n \nIn accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of ordinary shares of 5 pence of Pressure Technologies in issue at the date of this notice is 14,495,165.\n \nThe above figure 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 Pressure Technologies, under the Disclosure and Transparency Rules.\n  \nFor further information, please contact:\n \n\n\n\n\nPressure Technologies plc\nKeeley Clarke, Investor Relations\n \n\n\nTel: 0114 257 3622\nwww.pressuretechnologies.com\n\n\n\n\nCantor Fitzgerald Europe\n(Nominated Adviser and Broker)\n\n\nTel: 020 7894 7000\n\n\n\n\nPhilip Davies / Will Goode\n\n\n\n\n\n\n\n \nCOMPANY DESCRIPTION\n \nCompany description - www.pressuretechnologies.com\n \nWith its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure systems serving the global energy, defence and industrial gases markets. Today it continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as a global leader in biogas upgrading. On this foundation, the company is building a highly profitable group of companies through a combination of organic initiatives and acquisitions.\n \nPressure Technologies has four di...

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