IMImobile PLC Exercise of Options (7040K)

TIDMIMO

RNS Number : 7040K

IMImobile PLC

11 July 2017

IMImobile PLC

("IMImobile" or the "Company")

Exercise of Options

IMImobile (AIM: IMO) announces that application has been made for the admission to AIM of 46,974 new ordinary shares of 10p each in the Company ("Ordinary Shares"). The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealings are expected to commence on 14 July 2017. The new Ordinary shares were issued pursuant to the exercise of options; 24,000 Ordinary Shares were issued pursuant to an exercise of options at an exercise price of 29 pence per share, 6,000 Ordinary Shares were issued pursuant to an exercise of options at an exercise price of 32 pence per share and 16,974 Ordinary Shares were issued pursuant to an exercise of options at an exercise price of 120 pence per share.

Following Admission, the Company's enlarged issued share capital will comprise 61,093,203. The Company holds zero shares in treasury. Therefore, when calculating voting rights, shareholders should use the figure of 61,093,203 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

 
     IMImobile PLC                                            c/o Redleaf Communications 
      Jay Patel, Chief Executive Officer                       Tel: +44 (0)20 7382 4769 
      Mike Jefferies, Chief Financial Officer 
     Redleaf Communications - PR adviser                      Tel: +44 (0)20 7382 4769 
      Charlie Geller                                           imimobile@redleafpr.com 
      Elise Palmer 
      Sam Modlin 
     Investec Bank - Nominated Adviser and Joint Broker       Tel: +44 (0)207 597 5970 
      Dominic Emery 
      Henry Reast 
      Robert Baker 
     Whitman Howard - Joint Broker                            Tel: +44 (0) 207 659 1234 
      Ranald McGregor-Smith 
      Francis North

About IMImobile PLC

IMImobile is a cloud communications software and solutions provider that enables companies to use mobile and digital technologies to communicate and engage with their customers.

Organisations that trust us to deliver smarter digital customer engagement solutions include Vodafone, Telefonica, Aircel, Capita, BT, BSNL, Ooredoo, MTN, France Telecom, Centrica, Pizza Hut, Tata, the AA, the BBC, EE, Multichoice, Betfair and several major financial institutions.

IMI is headquartered in London with offices in Hyderabad, Atlanta, Dubai and Johannesburg and has over 900 employees worldwide. IMImobile PLC is quoted on the London Stock Exchange's AIM market with the TIDM code IMO.

This information is provided by RNS

The company news service from the London Stock Exchange

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July 11, 2017 05:21 ET (09:21 GMT)

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