Defenx plc Issue of ordinary shares and total voting rights (8391J)
July 03 2017 - 2:00AM
UK Regulatory
TIDMDFX
RNS Number : 8391J
Defenx plc
03 July 2017
3 July 2017
Defenx PLC
("Defenx" or the "Company")
Issue of new ordinary shares
and total voting rights
Defenx PLC (AIM:DFX), the cyber-security software group,
announces that further to the appointment of MBooster Srl as
strategic adviser to the Company, as announced on 3 January 2017,
the first semi-annual fee of EUR37,500 for the period January to
June 2017, will be settled by the issue of 22,348 new ordinary
shares of 1.8 pence in the capital of the Company ("Ordinary
Shares") at GBP1.476 being the average mid-market price for the
last five business days.
Total Voting Rights
Application has been made for admission of these 22,348 new
Ordinary Shares to trading on AIM ("Admission") and it is expected
that Admission will take place at 8.00 a.m. on 7 July 2017.
Following Admission, Defenx will have 11,799,042 Ordinary Shares in
issue and admitted to trading on AIM.
The figure, therefore, of 11,799,042 Ordinary Shares may be used
by Shareholders as the denominator for the calculations by which
they will determine whether they are required to notify their
interest in, or a change to their interest in, the share capital of
Defenx under the Financial Conduct Authority's Disclosure Guidance
and Transparency Rules. Defenx holds no Ordinary Shares in
treasury.
Enquiries
Defenx PLC
Andrea Stecconi - Chief Executive Officer
Philipp Prince - Chief Financial Officer 020 3769 0687
IFC Advisory (Financial PR and IR)
Tim Metcalfe / Graham Herring / Heather
Armstrong 020 3053 8671
Strand Hanson Limited (Nominated and
Financial Adviser)
Richard Tulloch / Ritchie Balmer /
James Bellman 020 7409 3494
WH Ireland (Joint-Broker)
Adrian Hadden / Alex Bond 020 7220 1666
Beaufort Securities (Joint-Broker)
Jon Belliss 020 7382 8300
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable
cyber-security software group that offers a range of Security,
Backup and Protection solutions for smartphones, PCs and
networks.
A channel sales strategy, focused on flexibility,
white-labelling and profit-share arrangements with distributors,
telecoms companies and hardware manufacturers, enables Defenx to
compete with established industry incumbents. Defenx's global
distribution partners currently include 3Italia, Türk Telecom and
Western Digital, amongst others including telecoms operators,
systems integrators and original equipment manufacturers.
Defenx was admitted to trading on AIM on 3 December 2015,
acquired Memopal Srl in August 2016 and announced a strategic
partnership with BV-Tech, an Italian IT solutions provider, in
April 2017. These have allowed the Company to diversify its product
portfolio and grow its customer base by adding proprietary cloud
backup and encryption technology as well as new channel
partners.
Web: investors.defenx.com
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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