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Issue of New Shares

8 Aug 2018 17:53

RNS Number : 2610X
RhythmOne PLC
08 August 2018
 

RHYTHMONE PLC

 

ISSUE OF NEW SHARES

 

London, England and San Francisco, CA - 8 August 2018 - RhythmOne plc (LSE AIM: RTHM, "Company" or "RhythmOne"), today announces that an application has been made to the London Stock Exchange for the admission of an additional 495,309 ordinary shares of £0.10 each in the Company to trading on AIM resulting from the release of part of the deferred consideration payment to RadiumOne, Inc. as first announced on 27 June 2017. These shares will rank pari passu in all respects with the existing ordinary shares of the Company. Admission is expected to take place at 8.00 a.m. London time on 13 August 2018.

 

Following the anticipated admission of the new ordinary shares, the total issued share capital of the Company will be 78,515,863 ordinary shares of £0.10 per share, each with one voting right. There are no Treasury shares in the Company.

 

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, RhythmOne.

 

 

About RhythmOne

RhythmOne drives engagement between advertisers and targeted audiences - resulting in real, measurable business outcomes. We offer fully integrated, cross-screen solutions that span desktop, mobile, and connected TV ("CTV") across high-impact video, rich media, display, social, and native advertising formats - ensuring advertisers reach high-propensity audiences wherever and however they consume content. The connections we make are further enhanced through unique audience data and powered by our unified programmatic platform, RhythmMax. This end-to-end platform - coupled with the world-class service of our account teams - provides more direct, efficient, and effective connections, driving ROI for advertisers and publishers. Founded in 2004 in the UK, RhythmOne is headquartered in San Francisco with offices in the US, UK, Europe, APAC, and Canada. For more information, please visit www.rhythmone.com.

 

 

For further information, please contact:

 

Analyst and Investor Contact

Ed Reginelli

RhythmOne plc

 

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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