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26 Oct 2016 17:40
26 October 2016
ADGORITHMS LTD
("Adgorithms" or the "Company")
Exercise of Options
Adgorithms Ltd (AIM: ADGO), a software company operating in the high growth online advertising market, announces that following the exercise of employee share options, the Company has issued 26,418 new ordinary shares of 0.01 NIS each (the "New Ordinary Shares").
Application has been made for the admission to trading on AIM of the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, and admission is expected to occur on 1 November 2016.
Following admission of the New Ordinary Shares to trading on AIM, the total number of ordinary shares with voting rights in issue will be 61,725,271. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Adgorithms | Tel: +972 3537 7137 |
Or Shani, Chief Executive Officer |
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Ron Stern, Chief Financial Officer |
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www.adgorithms.com |
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Liberum (NOMAD and Broker) | Tel: +44 20 3100 2000 |
Neil Patel / Chris Clarke / Jonathan Wilkes-Green |
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Vigo Communications | Tel: +44 20 7830 9700 |
Jeremy Garcia / Ben Simons / Fiona Henson | adgorithms@vigocomms.com |
www.vigocomms.com |
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