22 Oct 2014 14:05
For immediate release
22 October 2014
Minds + Machines Group Limited
("MMX", the "Company" or "Group")
Exercise of Options and TVR
Minds + Machines Group Limited (AIM:MMX) announces that it has issued 1,622,664 new Ordinary Shares following an exercise of warrants (granted to advisers on admission in 2007 and which would otherwise expire on 13 November 2014) at an exercise price of 4p per Ordinary Share. 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 or around 28 October 2014.
Following the issue of the new Ordinary Shares, the total number of shares in issue with voting rights will be 831,969,485. 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
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 / +44 7713 341072
For further information, please go to www.mindsandmachines.com/investors
About Minds + Machines Group Limited
Minds + Machines Group Limited is a publicly traded holding company listed on the AIM market of the London Stock Exchange focused on the new top-level domain 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 Company is one of the leading applicants for new gTLDs under this programme.
About Minds + Machines' Registry and Registrar operations
Minds + Machines' registry operations are provided through its wholly owned registry services provider, Minds + Machines LLC, which works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new top-level domains (TLDs). In addition, the Group wholly owns Minds + Machines Registrar Limited (Ireland) and Minds and Machines Registrar UK Limited, both being registrar businesses through which the public can buy addresses in new and existing top-level domains. Further information on all of Minds + Machines operations can be found at www.mindsandmachines.com
ENDS