Less Ads, More Data, More Tools Register for FREE

Issue of equity

4 Nov 2014 14:38

RNS Number : 1311W
IMImobile PLC
04 November 2014
 



For Immediate Release

4 November 2014

 

IMImobile PLC

("IMI" or the "Company")

Issue of equity

IMI announces that pursuant to the acquisition of TXTLocal Limited it has made application for admission to trading on AIM ("Admission") of 707,564 new ordinary shares of 10p each ("Ordinary Shares"). It is expected that admission will occur on 10 November 2014.

Following Admission, the Company's issued share capital will comprise 47,991,864 Ordinary Shares.

In addition, there are 11,299,599 Ordinary Shares which are issuable upon the exercise of rights set out in the Relationship Agreements as described in paragraphs 13.5 and 13.6 of Part IV of the Admission Document. Until such time as these options are exercised, the voting rights equal to the number of shares issuable under those options can be exercised through B Shares that have been issued for this purpose. The B Shares have no other rights attached to them other than the voting rights described above.

Therefore, when calculating voting rights, shareholders should use the figure of 59,291,463 as the denominator.

 

Enquiries:

IMImobile PLC

Jay Patel, Chief Executive Officer

Michael Jefferies, Group Finance Director

 

c/o Buchanan

Tel: +44 (0)20 7466 5000

Buchanan - Financial PR adviser

Mark Edwards / Sophie McNulty / Gabriella Clinkard

 

Tel: +44 (0)20 7466 5000

imimobile@buchanan.uk.com

SPARK Advisory Partners - Nominated adviser

Matt Davis / Sean Wyndham-Quin

Tel: +44 (0)203 368 3552

 

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

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.