8 Sep 2015 09:00
Crossrider plc
("Crossrider," the "Company" or the "Group")
Blocklisting Application
Crossrider (AIM: CROS), the creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data, announces that it has made a blocklisting application to AIM for up to 10,000,000 ordinary shares of USD 0.0001 each in the Company ("Ordinary Shares"). These Ordinary Shares will be available to satisfy the future exercises of options over Ordinary Shares under the Company's Global Equity Plan and Global Option Plan. These shares, when issued, will rank pari passu in all respects with the Company's existing Ordinary Shares. It is expected that the blocklisting will become effective on 10 September 2015.
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For more information contact
Crossrider plc Koby Menachemi, Chief Executive Officer Mark Carlisle, Chief Financial Officer c/o Bell Pottinger
| +44 (0) 20 3772 2496 |
Shore Capital Bidhi Bhoma Toby Gibbs
| +44 (0) 20 7408 4090 |
Bell Pottinger David Rydell James Newman Sam Cartwright | +44 (0) 20 3772 2496 |
About Crossrider
Crossrider is a creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data. The Company's web and mobile platforms power ad networks, agencies and direct publishers and enable the delivery of relevant digital advertising through the analysis of big data: making online marketing significantly more efficient and cost effective.
The Group operates web and mobile platforms which generate big data, enabling the development of a proprietary ad serving algorithm and engine that can extract value from this data to deliver relevant advertising to targeted users.
Crossrider's vision is to become the de facto standard platform for delivering relevant web and mobile adverts to billions of people, powering the next generation of digital advertising.
www.crossrider.com