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Issue of Equity

22 Aug 2018 09:18

RNS Number : 5447Y
appScatter Group PLC
22 August 2018
 

 

22 August 2018

appScatter Group plc

("appScatter" or the "Company")

 

£1million placing at 70p per share

 

appScatter Group plc (AIM: APPS), the scalable business-to-business ('B2B') Software as a Service ('SaaS') platform that allows users to distribute and manage their apps on multiple app stores around the world, is pleased to announce that the Company has raised £1 million before costs via the placing of 1,428,871 New Ordinary Shares at an issue price of 70 pence per share.

 

Application will be made for the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM ("Admission"). Dealings in the New Ordinary Shares are expected to commence at 8.00 a.m. on 29 August 2018.

 

Total Voting Rights

 

On Admission, the Company will have 87,608,300 ordinary shares of 5 pence each in issue. No ordinary shares are held in treasury. The figure of 87,608,300 may be used by the Company's shareholders as the denominator in 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For enquiries, please contact:

 

appScatter Group plc

Philip Marcella, Chief Executive Officer

 

Tel: 020 7004 7212

www.appscatter.com

Smith & Williamson Corporate Finance Limited

Nominated Adviser and Joint Broker

Azhic Basirov / Ben Jeynes / David Jones

 

Tel: +44 (0)20 7131 4000

www.smithandwilliamson.com

 

Stifel

Joint Broker

Fred Walsh / Neil Shah / Ben Maddison

 

Tel: +44 (0)20 7710 7600

www.stifel.com

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

About appScatter Group plc

 

appScatter is a scalable B2B SaaS platform that allows paying users to distribute their apps to, and manage their apps on, multiple app stores. Additionally, the centralised platform enables app developers and publishers to manage and track performance of their own and competing apps across all of the app stores on the platform.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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