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26 Sep 2012 07:00
26 September 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 12,000 new ordinary shares of 0.25 pence each in the Company ("ordinary shares") were issued at £2.3650 per new ordinary share to Mr. Stuart Cruickshank, a non-executive director of the Company.
These shares, which represent a portion of Mr. Cruickshank's annual remuneration, were issued in accordance with the rules of the Company's Non - Executive Directors' Deferred Share Plan which Mr. Cruickshank entered into as a result of his appointment to the board of directors.
As a result of the new ordinary share being issued Mr. Cruickshank holds 32,832 ordinary shares in the Company, with voting rights, which represents 0.1 per cent of the Company's issued share capital.
InternetQ also announces that a further 156,254 ordinary shares were issued at £2.3650 per ordinary share to employees under the terms of the Company's Share Incentive Plan and under the terms of the SPA agreement for the I-POP acquisition which was announced on 8 June 2011 and other matters.
Application has been made for the admission to AIM of these 168,254 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 2 October 2012.
Following the issue of these shares, the Company has 34,450,963 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, 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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