LONDON - Pensana Plc (LSE:PRE) announced it will issue 3,943,750 new ordinary shares related to employee incentive programs, according to a press release statement issued Wednesday.

The equity issuance includes 1,043,750 shares for vested FY2024 long-term incentive awards and 2,900,000 shares for short-term incentive awards granted to senior management and employees.

The company has applied for the new shares to be admitted to the Official List and to trading on the Main Market of the  London Stock Exchange  (LON:LSEG), with admission expected around 08:00 on June 20, 2025.

Following this issuance, Pensana’s total issued share capital will consist of 299,171,989 ordinary shares, with no shares held in treasury. The total number of voting rights will equal the number of issued shares.

The company noted that shareholders may use this updated figure as the denominator for calculations to determine if they need to notify their interest in the company under the Financial Conduct Authority’s Disclosure and Transparency Rules.

Pensana identified the information in its announcement as inside information under Market Abuse Regulations.

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