1 Jul 2013 13:00
1 July 2013
Monitise plc
("Monitise" or the "Company")
Additional Listing
Further to the Company's announcements on 25 June 2012 and 26 June 2012, regarding anticipated additional listings and completion of the acquisition of Clairmail Inc., the Company announces that it has made application for 58,430 ordinary shares of 1p each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company and it is expected that dealings in these new Ordinary Shares will commence on 04 February 2013.
As previously announced on 25 June 2012, under the terms of the Agreement Clairmail shareholders are obliged to return signed letters of transmittal to Monitise before they can receive their Consideration Shares. The Admission of these 58,430 Ordinary Shares follows the receipt of a number of letters of transmittal since the completion of the acquisition of Clairmail Inc.. A further amount of up to 981,922 Ordinary Shares is expected to be issued and admitted to trading over the course of the coming weeks as the remaining letters of transmittal are received from Clairmail shareholders.
All defined terms in this announcement shall have the same meaning as ascribed to them in the Circular dated 7 June 2012.
Contacts:
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
About Monitise
Monitise plc (LSE: MONI) is a leading technology and services company that delivers mobile banking, payments, and commerce networks worldwide. Monitise enables financial institutions and other payments companies to defend and extend their market position by protecting their existing customer relationships and transactions while enabling new forms of mobile commerce revenue.
Monitise powers bank-grade solutions that are delivered on premise, or via cloud services. The value of payments and transfers initiated via Monitise's technology platform is more than US$25bn on an annualised basis. Monitise has a global reach and unique set of partners and clients using its completely adaptable platform. More information is available at www.monitise.com.