Business
Grant of Options, PDMR Dealing & TVR
MicroSalt Plc has announced the allotment of 149,984 ordinary shares following the cashless exercise of options over 228,000 shares at US$0.25 each, and a PDMR has exercised options over an additional 56,284 shares for nil consideration. The company is also cancelling the admission of 232,519 ordinary shares due to historical errors in allotment, with this cancellation expected to take effect on July 2, 2026. Following these adjustments and the admission of the newly allotted option shares, the total number of ordinary shares in issue with voting rights will be 56,117,642. Disclaimer*
About this update from Microsalt Plc
1 July 2026 MicroSalt Plc ("MicroSalt" or the "Company") Grant of Options, PDMR Dealing and Total Voting Rights MicroSalt plc (AIM:SALT), a leading manufacturer of full-flavour natural salt with approximately 50% less sodium, announces that 206,268 ordinary shares of £0.001625 each in the capital of the Company ("Ordinary Shares") ("Option Shares") have been allotted to two shareholders to satisfy the exercise of options over Ordinary Shares. Options over an aggregate of 228,000 Ordinary Shares were exercised on a cashless basis under an option agreement entered into in September 2023. Due to the cashless basis of the exercise a total of 149,984 Option Shares were allotted and issued. Pursuant to the terms of the option agreement, the exercise price of each Option Share was US$0.25. In addition, a PDMR has exercised options over 56,284 shares for nil consideration. Total Voting Rights The Company has identified certain historical errors with Ordinary Shares having been admitted to trading that had not been allotted or issued to shareholders. The discrepancy relates to the exercise of warrants in 2024, and resulted in 232,519 Ordinary Shares being admitted to trading without having been allotted or issued. As a result, the Company will be cancelling the admission of those 232,519 Ordinary Shares. It is anticipated this cancellation will take effect from 2 July 2026. Additionally, application has been made to the London Stock Exchange for admission of the Option Shares to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 2 July 2026. Following the cancellation of Ordinary Shares outlined above, and the issue of the Option Shares, which on Admission will rank pari passu with the existing Ordinary Shares, the total number of Ordinary Shares in issue with voting rights in the Company will be 56,117,642. There are no Ordinary Shares held in treasury. The above figure of 56,117,642 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 change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. For further information, please contact: MicroSalt plc [email protected] Rick Guiney (CEO) Zeus (Nominated Adviser and Broker) +44 (0)20 3829 5000...