11 Mar 2014 16:35
MoPowered Group plc
('MoPowered' or the 'Group')
Block Admission Application
The Group announces that an application has been made to the London Stock Exchange for a block admission of 1,103,520 ordinary shares of 0.5 pence each (the "New Ordinary Shares") to be admitted to AIM in connection with the MoPowered Limited's Enterprise Management Incentive Scheme (the "Scheme"). These New Ordinary Shares may be issued from time to time pursuant to the exercise of options by employees participating in the Scheme.
When issued, the New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Group. It is expected that the block admission will become effective on 13 March 2014.
As at today, there are 15,812,803 ordinary shares of 0.5 pence each in issue. The Group does not hold any shares in treasury. The Group will notify on a monthly basis when there are changes to the issued share capital of the Group, and these monthly figures may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Group.
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MoPowered: | 020 3242 0515 |
Dominic Keen | |
Ben Carswell | |
N+1 Singer: | 020 7496 3000 |
Shaun Dobson Gillian Martin | |
Buchanan: | 020 7466 5000 |
Charles Ryland | |
Sophie McNulty | |
Clare Akhurst |