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9 May 2016 07:00
For Immediate Release | 9 May 2016 |
Bond International Software plc
("Bond" or "the Company")
Issue of Equity
The Company announces that it has allotted 4,150,328 new ordinary shares of 1p each ("New Ordinary Shares") to Trapeze ITS Luxembourg SARL, part of the Constellation Software Inc. group of companies ("Constellation"), following the conversion of 4,150,328 Non-voting Convertible Shares into New Ordinary Shares . An application has been made for the New Ordinary Shares to be admitted to trading on AIM, which is expected to occur at 08.00 am on 12 May 2016 ("Admission"). Following Admission, the Company will have 42,126,794 voting ordinary shares in issue.
Following the allotment, Constellation and its connected parties are expected to own an aggregate of 12,595,911 ordinary shares, representing approximately 29.9% of the enlarged ordinary shares in the Company.
The above figure (42,126,794) 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, Bond under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Bond International Software plc: Tel: 01903 707070
www.bondinternationalsoftware.com
Steve Russell: Group Chief Executive
Bruce Morrison: Group Finance Director
Buchanan: Tel: 020 7466 5000
Richard Darby
Cenkos Securities plc Tel: 020 7397 8900
Stephen Keys
Camilla Hume
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