IDOX PLC Issue of Equity (8524J)
June 18 2014 - 2:00AM
UK Regulatory
TIDMIDOX
RNS Number : 8524J
IDOX PLC
18 June 2014
18 June 2014
IDOX plc
Additional Listing, Transaction in Own Shares and Total Voting
Rights
Idox plc (the "Company") announces that 1,150,244 ordinary
shares of 1 pence each ("Ordinary Shares") have been issued and
allotted following an exercise of options by a former employee.
Application has been made to the London Stock Exchange for the
Ordinary Shares, which will rank pari passu with the existing
shares in issue, to be admitted to trading on AIM and admission is
expected to become effective on 23 June 2014.
The Company also announces that it has used the general
authority given to the Company by its shareholders at the Company's
last annual general meeting held on 27 February 2014 to make market
purchases of its own shares.
On 17 June 2014 the Company purchased 838,219 of its ordinary
shares of 1 pence each at a price of 44 pence per ordinary share.
This represents approximately 0.2 per cent of the current issued
share capital of the Company. All of these shares will be held as
treasury shares. Following this purchase, the Company holds
1,855,219 Ordinary Shares as treasury shares.
The Company's total issued share capital after the admission of
the Ordinary Shares will be 358,386,054 ordinary shares. Therefore
the total number of Ordinary Shares in issue excluding shares to be
held in treasury is 356,530,835.
The above figure of 356,530,835 Ordinary Shares 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 FCA's Disclosure and Transparency Rules.
-ends-
Enquiries:
Idox plc +44 (0) 870 333 7101
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive
Jane Mackie, Chief Financial Officer
N+1 Singer (NOMAD and Broker) +44 (0) 20 7496 3000
Shaun Dobson / Nick Donovan
Leander (Financial PR) +44 (0) 7795 168 157
Christian Taylor-Wilkinson
About Idox plc
Idox plc is a supplier of specialist document management
collaboration solutions and services to the public sector and
increasingly to highly regulated asset intensive industries around
the world in the wider corporate sector.
Its Public Sector Software Division is the leading applications
provider to UK local government for core functions relating to
land, people and property, such as its market leading planning
systems and election management software. Over 90% of UK local
authorities are now customers. The Division provides public sector
organisations with tools to manage information and knowledge,
documents, content, business processes and workflow as well as
connecting directly with the citizen via the web. It also supplies,
predominantly to the public sector in the UK and internationally,
decision support content such as grants and planning policy
information as well as related specialist services, including
election management solutions.
The Engineering Information Management Division delivers
engineering document control, project collaboration and facility
management applications to many leading companies in industries
such as oil & gas, architecture and construction, mining,
utilities, pharmaceuticals and transportation in North America and
around the world.
The Group employs over 500 staff located in the UK, the USA,
Europe, India and Australia.
For more information see www.idoxplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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