Mobile Tornado Group PLC Exercise of Options (7105C)
January 23 2018 - 11:16AM
UK Regulatory
TIDMMBT
RNS Number : 7105C
Mobile Tornado Group PLC
23 January 2018
23 January 2018
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
Exercise of Share Options
Mobile Tornado (AIM: MBT), the leading provider of instant
communication mobile applications to the enterprise market,
announces that an employee has exercised options over 87,047 new
ordinary shares of 2 pence each in the Company ("New Ordinary
Shares"), under the Group's Employee Share Option Plan. The
exercise price of the options is 2 pence per share.
Application has been made to the London Stock Exchange for a
total of 87,047 New Ordinary Shares to be admitted to trading on
AIM ("Admission"). Admission is expected to occur on 26 January
2018. The New Ordinary Shares will rank pari passu with the
existing ordinary shares in the Company.
Total voting rights
Following Admission, the Group's enlarged share capital will
comprise 298,440,236 ordinary shares. This figure may be used by
shareholders in the Group as the denominator for the calculation by
which they will determine if they are required to notify their
interest in, or a change of interest in, the share capital of the
Company under the FCA's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further details please contact:
Mobile Tornado Group plc www.mobiletornado.com
Jeremy Fenn, Executive Chairman via Walbrook PR
Avi Tooba, Chief Executive
Officer
Investec Bank plc (Nominated
Adviser & Broker) +44 (0)20 7597 4000
Andrew Pinder / Carlton
Nelson
Walbrook PR Ltd +44 (0)20 7933 8780
Paul Cornelius or mobiletornado@walbrookpr.com
Helen Cresswell
This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 23, 2018 11:16 ET (16:16 GMT)
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