28 Oct 2019 15:21
Bidstack Group Plc / Epic: BIDS.L / Index: AIM
RNS ANNOUNCEMENT: The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
28 October 2019
BIDSTACK GROUP PLC ('BIDSTACK OR 'THE COMPANY')
Exercise of 333,334 Share Options, Issue of Equity and Total Voting Rights
Bidstack Group plc (AIM: BIDS.L), the native in-game advertising group, hereby announces that the Company has received subscription notices exercising 333,334 options to subscribe for new ordinary shares in the Company at a subscription price of 6 pence per share ("New Shares").
Application will be made for the admission of the 333,334 New Shares to trading on AIM and it is expected that dealings in the New Shares will commence on or around 1 November 2019. On admission the New Shares will rank pari passu in all respects with the Company's existing ordinary shares.
Total Voting Rights
Following admission of the New Shares, the total issued share capital of the Company will consist of 244,873,646 ordinary shares. As such the total number of voting rights in the Company will be 244,873,646 ordinary shares. This number 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.
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Contacts:
Bidstack Group Plc James Draper, CEO |
via Buchanan |
SPARK Advisory Partners Limited (Nomad) Mark Brady/Neil Baldwin/James Keeshan |
+44 (0) 203 368 3550 |
Stifel Nicholas Europe Limited (Broker) Fred Walsh/Neil Shah |
+44 (0) 20 7710 7600 |
Buchanan Communications Limited Chris Lane / Stephanie Watson / Kim van Beeck bidstack@buchanan.uk.com
|
+44 (0) 20 7466 5000 |
Notes to editors
Bidstack is an advertising technology company which provides dynamic, targeted and automated native in-game advertising for the global video games industry across multiple platforms. Its proprietary API technology is capable of inserting adverts into natural advertising space within video games across multiple video games platforms (mobile, PC and console).
Bidstack's customers are games publishers and developers and advertising agencies, brands and programmatic advertising platforms. Bidstack contracts exclusive access to the native in-game advertising space within video games from their developers or publishers and sells that advertising space either direct to specific brands and their agencies or through programmatic advertising platforms.