Bidstack Group PLC Exercise of Options, Issue of Equity & TVR (9691I)
December 08 2022 - 2:00AM
UK Regulatory
TIDMBIDS
RNS Number : 9691I
Bidstack Group PLC
08 December 2022
Certain information contained within this Announcement is deemed
by the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in
the United Kingdom. Upon publication of this Announcement, this
information is now considered to be in the public domain.
8 December 2022
Bidstack Group Plc
("Bidstack" or the "Company")
Exercise of 1,500,000 Share Options, Issue of Equity and Total
Voting Rights
Bidstack Group plc (AIM: BIDS.L), the native in-game advertising
group, hereby announces that the Company has received subscription
notices exercising 1,500,000 options to subscribe for new ordinary
shares in the Company at a subscription price of 2 pence per share
("New Shares").
Application will be made for the admission of the 1,500,000 New
Shares to trading on AIM and it is expected that dealings in the
New Shares will commence on or around 13 December 2022. 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 1,300,855,984 ordinary
shares. As such the total number of voting rights in the Company
will be 1,300,855,984 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 via Buchanan
SPARK Advisory Partners Limited (Nomad) +44 (0) 203 368
Mark Brady / Neil Baldwin / James Keeshan 3550
Stifel Nicolaus Europe Limited (Broker) +44 (0) 20 7710
Fred Walsh / Tom Marsh 7600
Buchanan Communications Limited
Chris Lane / Stephanie Watson / Kim van
Beeck +44 (0) 20 7466
bidstack@buchanan.uk.com 5000
Notes to editors
About Bidstack
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 technology is capable of inserting advertisements
within video games. Bidstack's customers are games publishers and
developers (on the supply side), and advertising agencies, brands
and media-buying platforms (on the demand side).
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