Issue of Equity (3827Z)
January 13 2011 - 2:00AM
UK Regulatory
TIDMVYKE
RNS Number : 3827Z
Vyke Communications PLC
13 January 2011
13 January 2011
Vyke Communications plc
("Vyke" or the "Company")
Issue of shares
Vyke Communications plc announces it has issued 12,500,000
ordinary shares of 1p each in the Company (the "New Ordinary
Shares") at 2p per share, representing 6.3% of its enlarged issued
share capital, in satisfaction of fees due to its Nominated
Adviser, Allenby Capital Limited.
An application has been made for the New Ordinary Shares to be
admitted to trading on AIM which is expected to take effect on or
around 14 January 2011.
Following the issue and allotment, the Company's issued share
capital will comprise 197,568,577 ordinary shares of 1p each, which
figure 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 change to their interest in, Vyke
Communications plc under the FSA's Disclosure and Transparency
Rules. The New Ordinary Shares will rank pari passu with the
existing Ordinary Shares.
As a result of the issue and allotment of the New Ordinary
Shares Allenby Capital Limited holds 18,109,285 ordinary shares of
1p each representing 9.17% of the issued share capital of the
Company.
----ends----
- For further information please contact: Vyke Communications
plc
Vyke Communications
Mohammad Asif, Chief Executive +44 20 3137 1560
Allenby Capital Limited +44 20 3328 5656
Nominated Adviser
Brian Stockbridge / Alex
Price
Threadneedle Communications +44 20 7653 9850
Graham Herring / Terry Garrett
About VYKE
Vyke Communications plc is a mobile Voice over Internet Protocol
("VoIP") provider and is headquartered in the UK.. The strategic
goal of Vyke is to combine its expertise in VoIP-based
communication systems, mobile data service creation/handset
technology and wholesale carrier network management to provide a
converged communication solution. Vyke's current set of
mobile-oriented products offers up to a 98% discount compared to
current typical mobile operator pricing structures.
About VYKE MOBILE IP
Vyke Mobile IP is the leading mobile-oriented Voice over IP
(VoIP) service offering users up to 98% discount compared to
typical mobile operator pricing structures. One of the first mass
market mobile VoIP services, launched in April of 2006, Vyke Mobile
IP features mobile oriented sign-up steps, automatic configuration
services and pricing.
About the VYKE product suite
The Vyke suite of communication products features advanced
services providing users with low cost, mobile operator/fixed line
provider independent ways of making voice calls and sending text
messaging from the mobile phone, PC and internet.
Please visit www.vyke.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOELLFVTLTIFLIL
Vyke Communications (LSE:VYKE)
Historical Stock Chart
From Apr 2024 to May 2024
Vyke Communications (LSE:VYKE)
Historical Stock Chart
From May 2023 to May 2024