Sopheon PLC Issue of Equity & Holdings in Company (1789Z)
August 29 2018 - 10:54AM
UK Regulatory
TIDMSPE
RNS Number : 1789Z
Sopheon PLC
29 August 2018
For immediate release
SOPHEON PLC
("Sopheon" or the "Company")
Issue of Equity
Holdings in Company
Sopheon (LSE: SPE), the international provider of software and
services for complete Enterprise Innovation Management solutions,
announces that, following the exercise of options by an employee,
it has issued and allotted 1,250 new ordinary shares of 20 pence
each in the Company ("Ordinary Shares"). Application has been made
for the new Ordinary Shares to be admitted to trading on AIM and
dealings are expected to commence on 5 September 2018.
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 10,131,707. The Company does not
hold any shares in treasury. Accordingly, the figure of 10,131,707
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 Guidance and Transparency Rules.
The Company have been informed by Myrtledare Corp and Rivomore
Limited, related family holdings, that their combined direct
interest in the Company is 2,428,711 Ordinary Shares, representing
23.97% of the issued share capital of the Company.
For further information contact:
Barry Mence, Chairman + 44 (0) 1276
Arif Karimjee, CFO Sopheon plc 919 560
Carl Holmes/Giles Rolls (corporate
finance) + 44 (0) 20 7220
Alice Lane (corporate broking) finnCap 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 news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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