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AGM Result and Issue of Warrants

26 Jun 2013 15:06

RNS Number : 9373H
Vipera PLC
26 June 2013
 



 

 

 

For immediate release 26 June 2013

 

Vipera - Result of AGM and Issue of warrants

 

Vipera, the specialist provider of mobile financial services, today announces that all resolutions put to the Annual General Meeting held today have been passed.

 

The Company also announces that it has issued to its Chairman, Luciano Martucci warrants to purchase a total of 5,000,000 New Ordinary Shares. These warrants are exercisable at 4p per Ordinary share and are exercisable at any time on or before 26 June 2016.

 

As a result of this issue of options Luciano Martucci is interested in 30,000 Ordinary Shares, 5,200,000 warrants and 600,000 options, representing respectively 0.02%, 4.00% and 0.46% of the current issued share capital.

 

The figure of 130,003,631Ordinary Shares may be used by shareholders in the Company 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, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.

 

Following the above there are 10,448,106 warrants and 4,020,000 options in the Company in issue and which are potentially dilutive, representing 8.04% and 3.09% of the current issued share capital respectively.

 

Commenting on partnership, Vipera Chief Executive Officer Marco Casartelli said:

"This grant of warrants reflects the valued contribution which our Chairman has made towards the success of this company."

 

 

 

 -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

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