Last checked at 20 Feb 2014 17:45
Ebiquity plc("Ebiquity" or the "Company")
Holding in Company / Issue of Equity
Further to the announcement made by the Company on 13 February 2014, the Company was notified today that settlement of the 13,802,861 ordinary shares of 25p each ("Shares") sold to institutional investors by Veronis Suhler Stevenson ("VSS") on conversion of its convertible loan notes in the Company ("Loan Note") has completed ("Tranche 2 Settlement").
VSS now holds no Shares (and therefore holds nil voting rights in the Company) and no Loan Note in the Company. Both VSS representatives, Christopher Russell (non-executive director) and Jeffrey Stevenson (non-executive director), have stepped down from the Board.
Total voting rights
The Company's issued share capital now consists of 74,346,174 Shares and a total of 70,146,174 voting rights1.
Note 1
The Ebiquity plc 2000 Employee Benefit Trust holds 4,200,000 issued Shares to satisfy awards for the Company's senior management team. To date these awards have not been exercised and the trustee has agreed not to vote the Shares held by it. As such 4,200,000 Shares are treated as not carrying voting rights for the purposes of the City Code on Takeovers and Mergers.
20 February 2014
Enquiries:
Ebiquity Plc Michael Greenlees, Chief Executive Officer Andrew Beach, Chief Financial Officer
| Tel. +44 (0)20 7650 9600 |
Instinctif Partners Matthew Smallwood Jamie Ramsay
| Tel. +44 (0)20 7457 2020 |
Numis Securities Limited Nick Westlake (NOMAD) David Poutney, James Serjeant (Corporate Broker) | Tel. +44 (0)20 7260 1000 |