15 Jul 2014 07:00
For immediate release
15 July 2014
Minds + Machines Group Limited
("MMX", the "Company" or "Group")
Exercise of Options
Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that Caspar von Veltheim, a director of the Company, has today exercised options to subscribe for 350,000 new Ordinary Shares at a price of 9p per new Ordinary Share. As set out in the Admission Document, Caspar von Veltheim held options to subscribe for 350,000 new Ordinary Shares which if not exercised would otherwise have expired on 22 July 2014. Caspar von Veltheim is now interested in 854,613 Ordinary Shares representing 0.1 per cent. of the issued share capital of the Company. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application will be made for the new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 21 July 2014.
Following the issue of the Ordinary Shares, the total number of shares in issue and the total number of Ordinary Shares in the Company with voting rights will be 826,646,821. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Further Information:
Minds + Machines Group Limited
North America
Antony Van Couvering Tel: +1 310 452 1491
Beaumont Cornish Limited (Nomad) Tel: +44(0)20 7628 3396
Roland Cornish / Michael Cornish
N+1 Singer (Broker)
Shaun Dobson/Ben Wright Tel: +44 (0)20 7496 3000
gth media relations
Toby Hall Tel: +44(0)20 7822 7493
For further information, please go to www.mindsandmachines.com/investors
About Minds + Machines Group Limited
Minds + Machines Group Limited is a publicly traded operating company listed on the AIM market of the London Stock Exchange focused on the new generic top-level domain ('New gTLD') space. Top-level domains, such as .com and .net, are regulated by ICANN. ICANN is currently expanding the number of new generic top-level domains from the current 23 to over 1000 through its 'New gTLD program'. The Group is one of the leading applicants for, and owner and/or operator of, New gTLDs under this programme.
About Minds + Machines' Registry and Registrar operations
Minds + Machines' registry operations are delivered by its wholly owned registry services providers: Minds + Machines Limited (Ireland), which works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to operate New gTLDs; and Minds and Machines Limited (UK), which partners with the official promotional organization for London, London & Partners, to operate the .london New gTLD. In addition, the Group wholly owns Minds + Machines Registrar Limited (Ireland) and Minds and Machines Registrar UK Limited, each an ICANN accredited registrar. Further information on Minds + Machines' registry and registrar operations can be found at www.mm-registry.comand www.mindsandmachines.com, respectively.