1 Mar 2011 10:15
1 March 2011
2ergo Group plc
Completion of Placing
2ergo Group plc (AIM: RGO, "2ergo" or "the Company"), the international mobile business and marketing solutions company, confirms that further to its announcement of 24 February 2011, it has completed the placing of 2,380,953 new ordinary shares of 1p each in the capital of the Company (the "Placing Shares") with new and existing shareholders at a price of 126 pence per share (the "Placing"). The gross proceeds of the Placing are £3m.
The Placing Shares were admitted to AIM earlier this morning and the total number of issued ordinary shares in the Company is now 35,302,074.
Enquiries:
2ergo Group plc | |
Neale Graham, Joint CEO Barry Sharples, Joint CEO Jill Collighan, Finance Director | +44(0)161 874 4222 |
Numis Securities Limited | |
Stuart Skinner as Nominated Adviser David Poutney as Corporate Broker | +44(0)20 7260 1000 |
College Hill | |
Adrian Duffield/Jon Davies | +44(0)20 7457 2020 |
About 2ergo Group plc
2ergo is the international mobile business and marketing solutions company. It combines innovative proprietary mobile technologies and professional services to help organisations of all sizes to develop and execute their mobile strategy.
Organisations such as ESPN, the Australian Broadcasting Corporation, Vodafone Hutchison Australia, Fox Sports, Fox Business, Orange, Aviva, Fidelity, Transport for London, Ladbrokes, Times of India, Airtel, O2 and Proctor & Gamble have all benefited from 2ergo's proprietary end-to-end mobile solutions to increase sales, mobilise business processes, reduce costs and enhance customer relationships.
2ergo touches all types of mobile users millions of times each day through innovative mobile business solutions that incorporate search, security, advertising, location, proximity, coupons, tickets, mCommerce and data network analytics enabling full-integrated and personalised one to one marketing communications.
Headquartered in the UK, 2ergo has been a pioneer of enabling innovative mobile business solutions across multiple sectors and geographies since 1999. Its international presence spans North America, Latin America, India and Australia. 2ergo is AIM listed on the London Stock Exchange (AIM: RGO). For more information, visit www.2ergo.com