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Block Listing Application

26 Mar 2018 14:19

RNS Number : 9520I
RhythmOne PLC
26 March 2018
 

RHYTHMONE PLC

 

BLOCK LISTING APPLICATION

 

London, England and San Francisco, CA - 26 March 2018 - RhythmOne plc (LSE AIM: RTHM, "Company" or "RhythmOne"), a global advertising technology company, announces that an application has been made to the London Stock Exchange for a block listing of securities in respect of 3,400,000 ordinary shares of £0.10 each in the Company (the "New Ordinary Shares") to be admitted to trading on AIM.

 

2,514,422 New Ordinary Shares will be issued from time to time under the RhythmOne plc 2017 International Equity Incentive Plan and 885,578 New Ordinary Shares will be issued from time to time under the RhythmOne plc Equity Incentive Rollover Plan (formerly the YuMe, Inc. 2013 Equity Incentive Plan), in each case, in order to satisfy the exercise of share options and restricted stock units granted thereunder. It is expected that admission will become effective on 28 March 2018.

 

When issued, the New Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of £0.10 each in the capital of the Company.

 

The Company will notify on a monthly basis when there are changes to the issued share capital of the Company, 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

About RhythmOne

RhythmOne provides streamlined, transparent connections between advertisers and audiences through a combination of differentiated supply, innovative technology and data-driven insights. Founded in 2004 in the UK, the Company pioneered Internet video search and works with digital advertisers, publishers and content providers to offer fully integrated, cross-screen solutions that span desktop and mobile video, rich media, display, social and native advertising. Through its fully integrated programmatic platform, RhythmMax, the Company represents digital advertising inventory across owned, controlled and extended supply sources. The RhythmMax platform includes unique brand safety technology, RhythmGuard, which combines leading third-party verification and proprietary filtering technologies to ensure inventory quality in brand safe environments. RhythmOne's end-to-end platform provides more direct, efficient and effective connections, driving ROI for advertisers and publishers. The Company is headquartered in San Francisco, United States with offices in the US, UK, Europe, APAC and Canada. For more information, please visit www.rhythmone.com.

 

 

Analyst and Investor Contact

Dan Slivjanovski

RhythmOne plc

 

Financial Media Contacts

Edward Bridges / Dwight Burden

FTI Consulting LLP

(UK) 020 3727 1000

 

Nomad and Broker for RhythmOne

Nick Westlake (Nomad) / Michael Wharton / Toby Adcock

Numis Securities Limited

(UK) 020 7260 1000

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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