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Holding(s) in Company

23 Nov 2015 07:00

RNS Number : 5407G
Crossrider plc
23 November 2015
 

Crossrider plc

 

("Crossrider," the "Company" or the "Group")

 

 

Holdings in Company

 

 

Crossrider (AIM:CROS) the creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data, announces that as a result of the repurchase of 3,924,289 ordinary shares of US$0.0001 each ("Ordinary Shares") by the Company, and the transfer of those shares into treasury, Unikmind Holdings Limited's ("Unikmind") total holding of 103,500,002 Ordinary Shares now represents 71.61 per cent. of the total number of Ordinary Shares in issue (excluding treasury shares). The entire shareholding of Unikmind is held by a trust, the sole beneficiary of which is Teddy Sagi.

 

 

- Ends -

 

 

For more information contact

 

Crossrider plc

Koby Menachemi, Chief Executive Officer

Mark Carlisle, Chief Financial Officer

c/o Bell Pottinger

 

+44 (0) 20 3772 2500

Shore Capital

Bidhi Bhoma

Toby Gibbs

Jamie Cameron

 

+44 (0) 20 7408 4090

Bell Pottinger

David Rydell

James Newman

Sam Cartwright

+44 (0) 20 3772 2500

 

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 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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