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Pin to quick picksVelocity Comp Regulatory News (VEL)

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Market Cap: £8.88m
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Additional Listing

28 May 2008 07:00

RNS Number : 3520V
Velti PLC
28 May 2008
 



For Immediate Release

Wednesday28 May 2008

Velti plc

Additional Listing

Pursuant to the Company's Share Incentive Plan ("the Plan") the Company issued on 31 March 2008, 692,860 ordinary 5p shares. These shares have been issued to Directors and employees of the Company at the nominal value of 5p per share. The issue of shares under the Plan was subject to certain performance criteria.

Shares issued to Directors under the Plan were as follows:

Director

Shares

awarded

Total shares

now held

Percentage of

issued share capital

A Moukas

89,240

4,026,318

11.94%

P Papageorgiou

89,240

128,690

0.38%

M Scouloudis

89,240

1,766,878

5.24%

C Kaskavelis

89,240

4,532,421

13.44%

Application has been made for the 692,860 new ordinary 5p shares to be admitted to trading on AIM and dealings are expected to commence on 2 June 2008.

END

CONTACTS

Velti:

Alexandros Moukas, Chief Executive Officer

+44 (0) 20 7633 5000

Pantelis Papageorgiou, Director of Finance

Bankside:

+44 (0) 20 7367 8888

Simon Bloomfield or Steve Liebmann 

RBC Capital Markets:

+44 (0) 207 653 4667

Sarah Wharry

  About Velti

Velti's market-leading mobile marketing technology platform, coupled with its experience in the mobile advertising industry, enables clients around the world to deliver an extensive range of highly targeted marketing campaigns. With operations in 18 countries, and a mobile marketing joint venture with the Interpublic group, a top global holding group of advertising agencies, Velti has the ability to reach through its platform an estimated 1.4 billion consumers. 

Velti's unique Mobile Marketing and Advertising Platform (version 4.0) manages the full cycle of planning, execution and monitoring of multiple campaigns across differing mobile formats and channels, offering customers more than 70 mobile marketing and advertising templates, which can be managed from one user interface. 

For more information, visit www.velti.com

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