5 Sep 2013 16:03
5 September 2013
Monitise plc
("Monitise" or the "Company")
Additional Listing and Blocklisting application
Earlier today as part of the Company's Preliminary Results Announcement, the Company announced the acquisition of Grapple Mobile Ltd, a leading European mobile innovation and design agency.
Application has been made for 28,640,748 new ordinary shares of 1p each ("Ordinary Shares"), comprising the initial consideration, to be admitted to trading on AIM. It is expected that admission will take place at 8.00 a.m. on 10 September 2013 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
In addition, the Company announces that an application has been made to the London Stock Exchange for the admission of 15,000,000 Ordinary Shares of 1 pence each in the Company under the Company's existing blocklisting scheme. These Ordinary Shares will be available to satisfy future exercises of options over Ordinary Shares and grants of Ordinary Shares under the Company's employee share schemes being: the Sharesave Scheme; the Performance Share Plan; the Monitise Rollover Plan; the Enterprise Management Incentive Plan; and the Monitise Share Option Plan. In addition, these Ordinary Shares will be available to satisfy any share based payments to external consultants. It is expected that the blocklisting will become effective on 11 September 2013. When issued, these Ordinary Shares will rank pari passu with the existing Ordinary shares.
About Monitise
Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise's technology platforms and services to securely connect people with their money.
Already 24 million consumers benefit from our patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $50bn of payments, purchases and transfers annually. More information is available at www.monitise.com.
ENQUIRIES:
Monitise Group Tel: 020 3657 0900
Tom Spurgeon, Company Secretary
Haya Herbert-Burns, Investor Relations
Canaccord Genuity Limited Tel: 020 7523 8000
Simon Bridges
Cameron Duncan
FTI Consulting Tel: 020 7831 3113
Charles Palmer
Jon Snowball