Thruvision Group plc
("Thruvision" or the "Group")
Sharesave option grant to Executive Director
Thruvision Group plc (AIM: THRU), ("Thruvision") the leading provider of walk-through security technology, announces a grant of share options under the Thruvision Sharesave Scheme (the "Scheme").
The Remuneration Committee of the Group have granted, under the rules of the Scheme, an option over 194,595 Ordinary 1p shares with an exercise price of 7.4 pence per share to Victoria Balchin.
The exercise price, set on 21 November 2024, is calculated on the basis of 80% of the closing middle market price of Thruvision shares on 21 November 2024. The option may be exercised between 1 March 2028 and 31 August 2028, assuming the conditions of the Scheme are met.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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(a) |
Name |
Victoria Balchin |
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2. |
Reason for the notification |
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(a) |
Position/status |
Chief Financial Officer |
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(b) |
Initial notification/ Amendment |
Initial notification |
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3. |
Details of the issuer |
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(a) |
Name |
Thruvision Group plc |
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(b) |
LEI |
213800IZG9GM6G2TZE04 |
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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 |
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(a) |
Description of the Financial Instrument |
Ordinary shares of £0.01 each |
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(b) |
Identification code of the Financial Instrument |
GB00B627R876 |
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(c) |
Nature of the transaction |
Grant of Options under the Sharesave Scheme. |
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(d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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7.4 |
194,595 |
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(e) |
Aggregated information - Aggregated volume - Price |
N/A |
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(f) |
Date of the transaction |
13 December 2024 |
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(g) |
Place of the transaction |
Not a trading venue |
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For further information please contact:
Thruvision Group plc +44 (0)1235 425400
Tom Black, Executive Chairman
Victoria Balchin, Chief Financial Officer
Investec Investment Banking (NOMAD & Broker) +44 (0)20 7597 5970
Patrick Robb / James Rudd
About Thruvision (www.thruvision.com)
Thruvision is the leading developer, manufacturer and supplier of walk-through security technology. Its technology is deployed in more than 20 countries around the world by government and commercial organisations in a wide range of security situations, where large numbers of people need to be screened quickly, safely and efficiently. Thruvision's patented technology is uniquely capable of detecting concealed objects in real time using an advanced AI-based detection algorithm. The Group's offices are near Oxford and Washington DC