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4 Jul 2011 07:00
Final Release | 4 July 2011 |
InternetQ plc
("InternetQ" or the "Company")
Completion of i-POP acquisition
Further to the Company's announcement on 8 June 2011, InternetQ, one of the leading providers of mobile marketing and digital entertainment solutions for mobile network operators and brands, is pleased to announce that the final conditions regarding the acquisition of i-POP Networks PTE ( "i-POP"), a Singapore based mobile and media services business, have now been satisfied and the 914,865 initial consideration shares have now been issued and allotted.
Application has been made for the admission to trading on AIM of these 914,865 new ordinary shares. The new ordinary shares will rank pari passu with the Company's existing issued ordinary shares, and dealings are expected to commence on AIM on 8 July 2011.
Following the issue of these shares the Company has 31,381,623 ordinary shares of 0.25 pence in issue, each carrying one voting right. The Company holds no shares in treasury.
For further details
InternetQ Konstantinos Korletis, Chief Executive Officer Veronica Nocetti, Chief Financial Officer
| Tel: +30 (211) 101 1101 Tel: +30 (693) 260 0128 Tel: +30 (694) 420 5275 |
Grant Thornton Corporate Finance Fiona Kindness
| Tel: +44 (0)20 7383 5100 |
RBC Capital Markets Joshua Critchley / Pierre Schreuder / Daniel Conti | Tel: +44 (0)20 7653 4000 |
Buchanan Communications Jeremy Garcia / Tim Thompson | Tel: +44 (0)20 7466 5000 |
About InternetQ
InternetQ is a trusted global leader in mobile marketing and digital entertainment solutions listed on the AIM market of the London Stock Exchange. Its proprietary technology platforms support some of today's most recognized brands and enterprises with innovative solutions to help manage mobile interactive communications and push the frontiers in digital mobile entertainment. (INTQ: trading symbol)
About i-POP
Founded in 2001, i-POP has become a trusted m-VAS (mobile value added service) provider in the rapidly growing mobile and media industry of Southeast Asia. The Company is recognised as an early-entrant and a credible partner in its areas of business focus. It operates directly or through its subsidiaries in Singapore, Indonesia, Thailand, Vietnam and the Philippines, its technology and data processing centers are located in Singapore and Vietnam and its connectivity agreements include countries like Malaysia, Shri Lanka, Macao, Cambodia, Hong Kong and Taiwan. In total, i-POP employs approximately 50 professionals, including sales and marketing staff, software applications engineers, designers and telecom experts.
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