Last checked at 17 Nov 2017 12:01
Ebiquity Plc
("the Company")
Issue of Shares
Further to the announcement by the Company on 02 December 2016, Ebiquity plc announces it has issued 600,000 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") as deferred consideration for the acquisition of Stratigent LLC ("Stratigent") in August 2013.
The Company had entered into agreements on 17 November 2016 with certain of Stratigent's management team to issue the shares provided they remained employed by the Ebiquity Group for 12 months. All of the management team remain employed by the Ebiquity Group.
The issue of shares includes 360,000 Ordinary Shares to Bill Bruno (CEO, North America) representing 0.46% of the Company's issued share capital and 0.49% of the Company's total voting rights.
Application has been made for the new Ordinary Shares to be admitted to AIM, with an admission date expected to be 23 November 2017. Upon admission, the shares will rank parri passu in all respects with the existing Ordinary Shares of the Company.
Following the anticipated admission of these shares, the total number of ordinary shares in issue will be 78,197,461 with each share carrying the right to one vote. The Ebiquity plc 2000 Employee Benefit Trust holds 4,200,000 issued Ordinary Shares to satisfy certain 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 Ordinary Shares held by it. As such 4,200,000 Ordinary Shares are treated as not carrying voting rights. The figure of 73,997,461 may be used by shareholders in the Company 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 share capital of the Company under the Disclosure and Transparency Rules.
17 November 2017
Dealing Notification Form
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Bill Bruno | ||||
| Reason for the notification | |||||
a) | Position/status: | CEO, North America | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Ebiquity plc | ||||
b) | LEI: | 2138004YRTDJ7FJSWF20 | ||||
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 25p each
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b) | Nature of the transaction: | Issue of shares as earn-out consideration | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | · average price of the aggregated transactions. · N/A · N/A | ||||
e) | Date of the transaction: | 17 November 2017
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f) | Place of the transaction: | XLON-AIM
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Enquiries: Ebiquity plc Michael Karg (CEO) Mark Sanford (Company Secretary)
Instinctif Partners Matthew Smallwood Guy Scarborough
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020 7650 9600
020 7457 2020 |
Numis Securities Limited Nick Westlake Oliver Hardy (NOMAD) Toby Adcock (Corporate Broker) | 020 7260 1000 |