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15 Nov 2012 15:05
15 November 2012 |
INTERNETQ plc
("InternetQ" or "the Company")
Issue of Equity
InternetQ plc (LSE-AIM: INTQ), one of the leading providers of mobile marketing and entertainment solutions announces that a total of 40,000 new ordinary shares of 0.25 pence each in the Company ("ordinary shares") were issued at 0.25 pence per new ordinary share to Mr. Konstantinos Korletis, the Executive Chairman of the Company.
These shares, were issued in accordance with the terms of an agreement by which Mr. Konstantinos Korletis was appointed as the Company's Executive Chairman. As a result of the new ordinary share being issued Mr. Korletis holds 801,875 ordinary shares in the Company, with voting rights, which represents 2.32 per cent of the Company's issued share capital.
InternetQ also announces that a further 4,505 ordinary shares were issued at £2.10 per ordinary share to a former Non - Executive Director of the Company, in accordance with the rules of the Company's Non - Executive Directors' Deferred Share Plan.
Please refer to the announcement dated 24 October 2012 for more details of Mr. Korletis' appointment to the role of Executive Chairman and other changes to the Company's board of directors.
Application has been made for the admission to AIM of these 44,505 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 21 November 2012.
Following the issue of these shares, the Company has 34,495,468 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, Executive Chairman Veronica Nocetti, Finance Director |
Tel: +30 (211) 101 1101 Tel: +30 (693) 260 0128 Tel: +30 (694) 420 5275 |
Buchanan Communications Jeremy Garcia / Gabriella Clinkard |
Tel: +44 (0)20 7466 5000 |
Grant Thornton Corporate Finance Philip Secrett / David Hignell |
Tel: +44 (0)20 7383 5100 |
RBC Capital Markets Stephen Foss / Pierre Schreuder |
Tel: +44 (0)20 7653 4000 |
About InternetQ plc:
InternetQ is a trusted global leader in mobile marketing and digital entertainment solutions. Through its proprietary technology platforms, InternetQ enables mobile network operators, brands, and media companies to conduct targeted, interactive and measurable mobile communications and pushes the frontiers in digital mobile entertainment. InternetQ is a publicly traded company listed on the AIM market of the London Stock Exchange, under the symbol INTQ.
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