Bidstack Group PLC Exercise of Warrants and Total Voting Rights (9843V)
April 12 2019 - 2:00AM
UK Regulatory
TIDMBIDS
RNS Number : 9843V
Bidstack Group PLC
12 April 2019
Bidstack Group Plc / Epic: BIDS.L / Index: AIM
RNS ANNOUNCEMENT: The information communicated in this
announcement contains inside information for the purposes of
Article 7 of Regulation 596/2014.
12 April 2019
BIDSTACK GROUP PLC ('BIDSTACK OR 'THE COMPANY')
Exercise of 750,310 Warrants, Issue of Equity and Total Voting
Rights
Bidstack Group plc (AIM: BIDS.L), the native in-game advertising
group, hereby announces that on 11 April 2019, the Company received
a subscription notice exercising 750,310 warrants to subscribe for
new ordinary shares in the Company at a subscription price of 5
pence per share ("Warrants").
Application will be made for the admission of the 750,310 new
shares arising from the exercise of the Warrants ("New Shares") to
trading on AIM and it is expected that dealings in the New Shares
will commence on or around 17 April 2019. On admission the New
Shares will rank pari passu in all respects with the Company's
existing ordinary shares.
Total Voting Rights
Following admission of the New Shares, the total issued share
capital of the Company will consist of 200,308,247 ordinary shares.
As such the total number of voting rights in the Company will be
200,308,247 ordinary shares. 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 Company under the FCA's
Disclosure and Transparency Rules.
-Ends-
Contacts
Bidstack Group PLC
James Draper, CEO +44 (0) 7850 341 885
SPARK Advisory Partners Limited
Mark Brady/Neil Baldwin/James Keeshan +44 (0) 203 368 3550
Peterhouse Capital Limited
Eran Zucker/Lucy Williams/Duncan Vasey +44 (0) 20 7409 0930
Alma PR
Josh Royston/ Sam Modlin +44 (0) 203 405 0205
Notes to editors
Bidstack is an advertising technology company which provides
dynamic, targeted and automated native in-game advertising for the
global video games industry across multiple platforms. Its
proprietary API technology is capable of inserting adverts into
natural advertising space within video games across multiple video
games platforms (mobile, PC and console).
Bidstack's customers are games publishers and developers and
advertising agencies, brands and programmatic advertising
platforms. Bidstack contracts exclusive access to the native
in-game advertising space within video games from their developers
or publishers and sells that advertising space either direct to
specific brands and their agencies or through programmatic
advertising platforms.
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.
END
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