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AGM Statement

6 Aug 2015 07:00

RNS Number : 2443V
Zamano PLC
06 August 2015
 



zamano plc

('zamano', the 'Company' or the 'Group')

Interim Management Statement

 

For Release: 7:00 AM Thursday 6th August 2015

 

Introduction

Dublin, 6 August 2015: zamano plc (AIM: ZMNO, ESM: ZAZ), a leading European provider of interactive applications and services to mobile devices, is pleased to issue an Interim Management Statement in conjunction with its Annual General Meeting ("AGM") which is taking place today at 11.00am at the Conrad Hotel, Earlsfort Terrace, Dublin 2.

 

Business Update

 

At the time of its 2014 full year results announcement on 19 March 2015, zamano reported that it had performed well during 2014 resulting in growth in EBITDA, revenue and cash generated from operations. This result was achieved through continuous focus on revenue growth, while also maintaining discipline on costs.

 

 

Strategically, the Company is gradually altering its customer acquisition model, which when completed, will result in greater in-house capabilities and market flexibility. zamano continues to pursue the development of its carrier billing capabilities with its recently deployed connections to the Irish Mobile Operators.

 

The Group continues to investigate acquisitions which meet its investment criteria in terms of value and potential.

 

For further information, please contact:

 

zamano plc

Ross Conlon, Chief Executive Officer

Tel: + 353 1 554 7313

Michael Connolly, Chief Financial Officer

Tel: +353 1 554 7261

 

Investec Corporate Finance

Shane Lawlor/Conor Murtagh

Tel: + 353 1 4210000

 

Cenkos Securities

Derrick Lee/Neil McDonald

Tel: + 44 (0) 131 220 6939

 

Media Enquires:

 

MCOMM Communications Consultants

Richard Moore

Tel: +353 1 661 9428

Mob: +353 87 241 4751

Email: ir@zamano.com 

 

Dealing Disclosure Requirements

 

Under the provisions of Rule 8.3 of the Irish Takeover Rules, if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of zamano, all "dealings" in any "relevant securities" of zamano (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by not later than 3:30 p.m. (Irish time) on the "business day" following the date of the relevant transaction. This requirement will continue until the date on which the Scheme becomes effective or on which the "offer period" otherwise ends. If two or more persons co-operate on the basis of any agreement either express or tacit, either oral or written, to acquire an "interest" in "relevant securities" of zamano, they will be deemed to be a single person for the purpose of Rule 8.3 of the Irish Takeover Rules. Under the provisions of Rule 8.1 of the Irish Takeover Rules, all "dealings" in "relevant securities" of zamano, or by any person "acting in concert" with either of them must also be disclosed by no later than 12 noon (Irish time) on the "business day" following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed can be found on the Irish Takeover Panel's website at www.irishtakeoverpanel.ie. "Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Irish Takeover Rules, which can be found on the Irish Takeover Panel's website.

 

If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, please consult the Irish Takeover Panel's website at www.irishtakeoverpanel.ie or contact the Irish Takeover Panel on telephone number +353 1 678 9020; fax number +353 1 678 9289.

 

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