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Share Option Exercise and Issue of Equity

30 Apr 2018 16:28

RNS Number : 6291M
Cloudcall Group PLC
30 April 2018
 

30 April 2018

 

CloudCall Group plc

("CloudCall", the "Company" or the "Group")

Share Option Exercise and Issue of Equity

CloudCall (AIM: CALL), a leading cloud-based software business that integrates voice communications into Customer Relationship Management (CRM) platforms, announces that it has received an exercise notice from various employees to exercise options over 25,757 ordinary shares of 20p each in the Company ("Ordinary Shares"). Accordingly, the Company has allotted 25,757 new Ordinary Shares and applied for admission of the new Ordinary Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence on 4 May 2018.

Following Admission, the Company's issued share capital will consist of 24,105,404 Ordinary Shares with voting rights. This number 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For the avoidance of doubt, the new Ordinary Shares will not be admitted to trading under the Block Admission announced on 27 April 2018. However, it is anticipated that further issues under the Share Option Plan will be admitted via the Block Admission.

 

For further information please contact:

CloudCall Group plc

Simon Cleaver, Chief Executive Officer

Paul Williams, Chief Financial Officer

 

Tel: +44 (0)20 3587 7188

 

Cenkos Securities (Nominated Adviser and Joint Broker)

Stephen Keys / Callum Davidson / Nick Searle

 

Tel: +44 (0)20 7397 8900

Arden Partners (Joint Broker)

Steve Douglas / Ciaran Walsh

 

Tel: +44 (0) 20 7614 5900

 

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