Business
Incentive Shares and Total Voting Rights
Incentive Shares and Total Voting Rights.
About this update from Thruvision Group Plc
[{"type":"text","content":"\n \nRNS Number : 6161V Digital Barriers plc 16 December 2013 \n \n\n16 December 2013\n \n \nDigital Barriers plc \n \n(\"Digital Barriers\" or the \"Company\")\n \nNotification of conversion of Incentive Shares by Directors and Total Voting Rights\n \nDigital Barriers plc (AIM: DGB), the specialist provider of advanced surveillance technologies to the security and defence sectors, announces that Tom Black, Colin Evans and Zak Doffman (the \"Founding Executive Directors\") requested, on Friday 13 December 2013, that their initial tranche of Incentive Shares be converted into new ordinary shares of one penny each (\"Ordinary Shares\") in accordance with the provisions relating to the Incentive Shares as detailed in the articles of association (the \"Articles\") of the Company.\n \nAccordingly, 25% of the Incentive Shares held by each of the Founding Executive Directors have been surrendered and converted into new Ordinary Shares as detailed below (the \"Conversion\").\n \nIt is anticipated that the new Ordinary Shares will be admitted to trading on AIM on 20 December 2013. Following admission of the new Ordinary Shares issued pursuant to the Conversion, the interests of the Founding Executive Directors, including the new Ordinary Shares issued following the conversion, are as follows:\n \n\n\n\n\n\n\n\n \nNUMBER OF INCENTIVE SHARES HELD FOLLOWING CONVERSION\n\n\nNUMBER OF ORDINARY SHARES ACQUIRED\n\n\nNUMBER OF ORDINARY SHARES HELD FOLLOWING CONVERSION\n\n\nPERCENTAGE OF ISSUED ORDINARY SHARES HELD\n\n\n\n\nTom Black \n\n\n81,562\n\n\n141,356\n\n\n4,244,428\n\n\n6.57\n\n\n\n\nColin Evans \n\n\n40,781\n\n\n70,678\n\n\n693,839\n\n\n1.07\n\n\n\n\nZak Doffman \n\n\n40,781\n\n\n70,678\n\n\n665,077\n\n\n1.03\n\n\n\n\n\n\n\n\n\nThe total number of Ordinary Shares in issue with voting rights following the Conversion is 64,624,616. \n \nNo Ordinary Shares are held in treasury.\n \nThe above figure of 64,624,616 Ordinary Shares in the Company carrying voting rights 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 and Transparency Rules.\n \nFull details of the provisions relating to the Incen...