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Issue of Equity

30 Aug 2018 07:00

RNS Number : 2018Z
appScatter Group PLC
30 August 2018
 

 

30 August 2018

 

appScatter Group plc

("appScatter" or the "Company")

 

Issuance of Deferred Shares in connection with Priori Acquisition

 

Further to the announcement on 3 July 2018, appScatter Group plc (AIM: APPS), the scalable business-to-business ('B2B') Software as a Service ('SaaS') platform that allows users to distribute and manage their apps on multiple app stores around the world, is pleased to confirm that the completion accounts and net assets statement for Priori Data GmbH ("Priori") have been finalised in connection with the Company's acquisition of 100 per cent. of the share capital of Priori completed in July 2018.

 

Accordingly, 357,698 new ordinary shares in the Company (the "Deferred Shares") shares will now be issued to the Priori vendors under the terms of the sale and purchase agreement.

 

Application will be made for the Deferred Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM ("Admission"). Dealings in the Deferred Shares are expected to commence at 8.00 a.m. on 5 September 2018.

 

Total Voting Rights

 

On Admission, the Company will have 87,965,998 ordinary shares of 5 pence each in issue. No ordinary shares are held in treasury. The figure of 87,965,998 may be used by the Company's shareholders as the denominator in 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

For enquiries, please contact:

 

appScatter Group plc

Philip Marcella, Chief Executive Officer

 

Tel: 020 7466 5000

www.appscatter.com

Smith & Williamson Corporate Finance Limited

Nominated Adviser and Joint Broker

Azhic Basirov / Ben Jeynes / David Jones

 

Stifel

Joint Broker

Fred Walsh / Neil Shah / Ben Maddison

 

Tel: +44 (0)20 7131 4000

www.smithandwilliamson.com

 

 

 

Tel: +44 (0)20 7710 7600

www.stifel.com

 

About appScatter Group plc

 

appScatter is a scalable B2B SaaS platform that allows paying users to distribute their apps to, and manage their apps on, multiple app stores. Additionally, the centralised platform enables app developers and publishers to manage and track performance of their own and competing apps across all of the app stores on the platform.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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