Exercise of Share Options (9750I)
23 Junho 2011 - 5:41AM
UK Regulatory
TIDMUBI
RNS Number : 9750I
Ubisense Group PLC
23 June 2011
23 June 2011
Ubisense Group plc
Exercise of Share Options
Ubisense Group plc ("Ubisense" or "the Company") (AIM: UBI)
announces that employees share options over a total of 78,626
ordinary shares of 2 pence each ("Ordinary Shares") have been
exercised and the new shares will rank pari passu with the existing
shares.
Following this exercise, the total number of shares allotted and
issued is 21,500,384 and the Company has made application for
78,626 new shares to be admitted to trading on AIM, with dealings
expected to commence on 28 June 2011.
For further information, see the Company's website
www.ubisense.net or contact one of the following:
Enquiries
Ubisense Group plc +44 (0) 1223 535170
Richard Green, Chief Executive
Officer
Gordon Campbell, Chief Financial
Officer
Canaccord Genuity +44 (0) 20 7050 6500
Nominated Advisor and Broker
Simon Bridges/Henry Fitzgerald-O'Connor
About Ubisense
Ubisense is a world leader in providing end to end (hardware,
software and services) real-time location solutions to companies
allowing them to track people and assets with a high degree of
accuracy
The Group operates in two divisions: RTLS and Geospatial
The RTLS division uses Ubisense's proprietary technology to
target high value manufacturing businesses which are used to track
assets, such as tools, people and vehicles, in factories and other
indoor environments with an accuracy that satellite based systems
cannot currently achieve
Ubisense's ultra-wideband ("UWB") based RTLS is currently one of
the few systems that delivers both reliable accuracy and the
ability to track resources in three dimensions in real-time
The Geospatial division uses Ubisense's expertise in location
solutions to deliver applications, software and other solutions
primarily in the utilities and telecom sectors
The Geospatial division focuses on the detailed mapping of
network assets and provides, on behalf of its customers, network
management planning and design, and has particular expertise in GE
Smallworld software and solutions.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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