Last checked at 2 Jun 2014 07:00
For immediate release | 30 May 2014 |
VIPERA PLC
("VIPERA" or "THE COMPANY")
Deferred Consideration shares allotted
Appointment of additional director
Total voting rights
Deferred Consideration shares allotted
Further to the announcement, on December 30, 2013, relating to the acquisition of AC&D Srl, the Board is pleased to report that the conditions for payment of the deferred Consideration Shares have been met and accordingly, 6,375,000 new ordinary shares in Vipera at 5p per share ("the Shares") have been issued and allotted today to shareholders in that company.
The Shares will rank, pari passu, with all existing ordinary shares and application has been made for the Shares to be admitted to trading on AIM on or around 6 June 20 ("Admission").
Further to Admission, the Company's issued share capital will consist of 197,007,837 ordinary shares with a nominal value of 0.1p each, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury. Therefore the total number of Ordinary Shares in the Company with voting rights is 197,007,837.
Appointment of additional director
The Board has resolved to appoint, upon completion of regulatory requirements, Massimo Galletti as a Non-Executive Director. Massimo Galletti (aged 49) is a serial entrepreneur with over 20 years of experience in the ICT industry. With past career experience at Arcadia Group, and Aubay Italia, he has formed several companies and is currently CEO of AmmiroY2K, a Digital Marketing and Communication company, a shareholder in and mentor to Codd & Date srl, and is a long-standing shareholder in Vipera.
Following the issue of the deferred Consideration Shares, the holdings of the Significant Shareholders (as defined under the AIM Rules for Companies) in the share capital of the Company, as far as the Company is aware, will be
Significant Shareholder
| Number of Ordinary Shares prior to allotment of deferred consideration | Percentage of Ordinary Shares held prior to allotment of deferred consideration (%) | Number of Ordinary Shares now acquired pursuant to deferred consideration
| Number of Ordinary Shares held following the allotment of deferred consideration
| Percentage of Ordinary Shares held following the allotment of deferred consideration (%) |
Petter Neby † | 41,718,730 | 21.88 | - | 29,787,432 | 19.00% |
Marco Casartelli † | 30,234,303 | 15.86 | - | 29,505,650 | 18.82% |
Silvano Maffeis | 24,502,459 | 12.85 | - | 24,502.459 | 15.63% |
Angife Srl | 8,288,593 | 4.35 | 1,944,375 | 10,232,968 | 5.19% |
Mauro Duca | 5,833,125 | 3.06 | 1,944,375 | 7,777,500 | 3.95% |
Ammiro2K srl | 4,781,250 | 2.51 | 1,593,750 | 6,375,000 | 3.24% |
† including family and corporate holdings
-Ends-
Vipera PLC | |
Marco Casartelli | Tel: +39 02 863 371 |
Martin Perrin | Tel: +44 (0) 7785 505 337 |
| |
Beaumont Cornish Limited (Nomad) | Tel: +44 (0) 20 7628 3396 |
Roland Cornish | |
Felicity Geidt |
Notes to Editors
Vipera provides software and services to banks and financial institutions, primarily through its Motif platform, to enable mobile access to personal financial services. Additionally Vipera's software enables Government and corporate entities to allow their services and consumer transactions to take place on mobile platforms. All products within the Motif suite share market leading security models, a consumer friendly interface and support for different devices and languages.
Vipera's headquarters are in Milan and it listed on the London Stock Exchange (AIM: VIP.L). For further information, please visit www.vipera.com.