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Spectra Systems Updates Share Capital Following Employee Option Exercise
Company Announcements

Spectra Systems Updates Share Capital Following Employee Option Exercise

Story Highlights
  • An employee exercised options over 13,339 shares resulting in 12,000 new shares issued.
  • This impacts Spectra’s share capital, now over 48 million shares, affecting FCA notifications.
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Spectra Systems ( (GB:SPSY) ) has shared an update.

Spectra Systems Corporation announced that an employee has exercised options over 13,339 shares, resulting in the issuance of 12,000 new shares after utilizing the net cashless exercise feature. These restricted securities will be admitted to trading on AIM, impacting the company’s share capital structure, which now comprises over 48 million shares. This development highlights the company’s ongoing corporate activities and its impact on shareholder calculations under FCA rules.

More about Spectra Systems

Spectra Systems Corporation is a leader in machine-readable high-speed banknote authentication, brand protection technologies, and gaming security software.

YTD Price Performance: 10.90%

Average Trading Volume: 58,843

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £121.5M

For a thorough assessment of SPSY stock, go to TipRanks’ Stock Analysis page.

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