Activeops Regulatory News (AOM)

07 June 2021

ActiveOps Plc

("ActiveOps", the "Company, "the Group")

Blocklisting application

Application has been made for the admission of 43,500 ordinary shares of 0.1p each in the Company (the "Shares") to trading on the AIM market of the London Stock Exchange. The Shares are being reserved under a block listing and may be issued pursuant to the exercise of options granted under the September 2019 Tranche 3 option scheme.

On issue, the Shares will be fully paid and will rank pari passu in all respects with the Company's existing issued ordinary shares. It is expected that admission of the Shares will be effective on 11 June 2021.

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About ActiveOps

ActiveOps is a leader in Management Process Automation (MPA), providing a SaaS platform to large enterprises with complex and often global back-offices. The Group's software and embedded back-office operations management methodology enables enterprises to adopt a data-driven, scientific approach to organising work and managing capacity.

The Group's enterprise platform comprises Workware+, its MPA software platform, and AOM, the Group's operations methodology and framework for effective back-office management. Together, this combination of software and embedded methodology enables operations managers to balance the competing priorities of meeting service and quality standards while improving productivity and reducing cost .

The Group has over 160 employees, serving its global customer base of approximately 80 enterprise customers from offices in the UK, Ireland, USA, Australia, India and South Africa. The Group's customers are predominantly in the banking, insurance and business process outsourcing (BPO) sectors, including Nationwide, TD Bank, Anthem, Inc and DXC Technology.