Calnex Solutions plc has announced the issuance of 16,667 new ordinary shares of 0.125 pence each ("New Shares") as a result of the exercise of options issued under the Company's EMI Share Option Plan. Application will be made for the admission of the New Shares to trading on AIM ("Admission"), with the expectation that Admission will become effective at 8.00 a.m. on 16 February 2024. Following Admission, the Company's issued share capital will consist of 87,540,602 Ordinary Shares with voting rights, and Calnex does not hold any Ordinary Shares in treasury.
Calnex Solutions plc designs, produces, and markets test and measurement instrumentation and solutions for the telecommunications and cloud computing industries. Its portfolio enables R&D, pre-deployment, and in-service testing for network technologies and networked applications, allowing customers to validate the performance of critical infrastructure associated with telecommunications and cloud computing networks and the applications that run on it. The company has secured and delivered orders in 68 countries across the world, with customers including BT, China Mobile, NTT, Ericsson, Nokia, Intel, Qualcomm, IBM, and Meta.