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Block Admission

11 Mar 2008 09:08

Blinkx Plc11 March 2008 11 March 2008 Blinkx plc Block Admission Blinkx plc (the "Company") announces that it has today established a blockadmission arrangement in respect of: (i) the Blinkx 2007 Enterprise ManagementIncentive Plan (the "EMI Scheme"); (ii) the Blinkx 2007 US Share Option Plan(the "US Plan"); (iii) the Blinkx Autonomy Employee Discretionary Share OptionScheme 2007 (the "Discretionary Scheme"); (iv) the Blinkx 2007 Autonomy EmployeeUS Share Option Plan ("Autonomy US Plan"); and (v) warrants to be issued to athird party under separate warrant documents. Applications have been made tothe London Stock Exchange for the block admission of 14,044,191 ordinary sharesof £0.01 each in the capital of the Company ("Ordinary Shares") to be admittedto AIM and to be admitted to trading on exercise of the share options and thewarrants. The block admission consists of: 5,469,994 Ordinary Shares resulting from the exercise of options under the EMIScheme; 4,471,839 Ordinary Shares resulting from the exercise of options under the USPlan; 2,009,716 Ordinary Shares resulting from the exercise of options under theDiscretionary Scheme; 1,852,642 Ordinary Shares resulting from the exercise of options under theAutonomy US Plan; and 240,000 Ordinary Shares resulting from the exercise of warrants under thewarrant documents. In addition an application has been made to the London Stock Exchange in respectof 449,987 Ordinary Shares to be admitted to trading as a result of exercise of417,558 options under the EMI Scheme and 32,429 options under the US Plan. The Ordinary Shares will rank pari passu with the existing issued OrdinaryShares of the Company. Contact: Frances Smith, Company SecretaryTel: 01223 488500 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
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