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Additional Listing

23 May 2014 11:47

RNS Number : 9407H
Chime Communications PLC
23 May 2014
 

Chime Communications plc

 23 May 2014

 

 

Chime Communications plc

("the Company")

 

Additional Listing

 

 

The Company announces that, as a result of its subsidiary Just Marketing Inc. ("JMI") achieving certain earn out targets under the stock purchase agreement between the Company, Chime USA Inc, JMI Holdings LLC and JMI, 106,110 ordinary shares of 25 pence each ("Shares") will be issued to Zak Brown (President and CEO of JMI).

 

Application has therefore been made to the Financial Conduct Authority and the London Stock Exchange plc for 106,110 Shares to be admitted to the Official List of the UKLA and to trading on the London Stock Exchange. It is expected that the Shares will be admitted and trading will commence on 30 May 2014. The Shares will rank pari passu with the Company's existing issued Shares.

 

The issued share capital of the Company is currently 98,793,341 Shares each with voting rights. Therefore, following admission of the new 106,110 Shares, the issued share capital of the Company on 30 May 2014 will be 98,899,451 Shares each with voting rights.

 

 

For further information, please contact:

 

Mark Smith 020 7096 5833

Chief Operating Officer and Finance Director

 

Robert Davison 020 7096 5860

Company Secretary

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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