Sopheon PLC Issue of Equity (7206P)
November 21 2016 - 6:50AM
UK Regulatory
TIDMSPE
RNS Number : 7206P
Sopheon PLC
21 November 2016
For immediate release
SOPHEON PLC
("Sopheon" or the "Company")
Issue of Equity
Sopheon, the international provider of software, expertise, and
best practices for Enterprise Innovation Management, announces
today that it has issued and allotted 41,669 ordinary shares of 20
pence each in the capital of the Company ("Ordinary Shares") in
connection with the exercise of share options.
Application has been made for the total of 41,669 new Ordinary
Shares to be admitted to trading on AIM, and dealings are expected
to commence on 24 November 2016. The new Ordinary Shares will rank
pari passu with the Company's existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission
will be 7,361,365. The Company does not hold any shares in
treasury. Accordingly, the figure of 7,361,365 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.
For further information contact:
+ 44 (0)
Barry Mence, Chairman 1276 919
Arif Karimjee, CFO Sopheon plc 560
Ed Frisby / Carl Holmes
/ Giles Rolls (corporate
finance)
Mia Gardener (corporate + 44 (0)
broking) finnCap 20 7220 0500
About Sopheon. Sopheon (LSE: SPE) partners with customers to
provide complete enterprise innovation management solutions
including software, expertise, and best practices, that enable them
to achieve exceptional long-term revenue growth and profitability.
Sopheon's Accolade solution provides unique, fully-integrated
coverage for the entire innovation management and new product
development lifecycle, including strategic innovation planning,
roadmapping, idea and concept development, process and project
management, portfolio management and resource planning. Sopheon's
solutions have been implemented by over 200 customers with over
60,000 users in over 50 countries. Sopheon is listed on AIM,
operated by the London Stock Exchange. For more information, please
visit www.sopheon.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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