Exercise of Options

ADGORITHMS LTD

("Adgorithms" or the "Company")

Exercise of Options

Adgorithms Ltd (AIM: ADGO), the Artificial Intelligence marketing platform and company behind Albert, announces that following the exercise of employee share options, the Company has issued 488,262 new ordinary shares of 0.01 NIS each (the "New Ordinary Shares"). 

Application has been made for the admission to trading on AIM of the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, and admission is expected to occur on 28 June 2017. 

Following admission of the New Ordinary Shares to trading on AIM, the total number of ordinary shares with voting rights in issue will be 62,213,533. This 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, the Company under the FCA's Disclosure and Transparency Rules.

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