ALB Albert Technologies Ltd

TIDMADGO

RNS Number : 5606N

Adgorithms Limited

26 October 2016

26 October 2016

ADGORITHMS LTD

("Adgorithms" or the "Company")

Exercise of Options

Adgorithms Ltd (AIM: ADGO), a software company operating in the high growth online advertising market, announces that following the exercise of employee share options, the Company has issued 26,418 new ordinary shares of 0.01 NIS each (the "New Ordinary Shares").

Application has been made for the admission to trading on AIM of the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, and admission is expected to occur on 1 November 2016.

Following admission of the New Ordinary Shares to trading on AIM, the total number of ordinary shares with voting rights in issue will be 61,725,271. This 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 a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

 
 Adgorithms                        Tel: +972 3537 7137 
 Or Shani, Chief Executive 
  Officer 
 Ron Stern, Chief Financial 
  Officer 
 www.adgorithms.com 
 
 Liberum (NOMAD and Broker)      Tel: +44 20 3100 2000 
 Neil Patel / Chris Clarke 
  / Jonathan Wilkes-Green 
 
 Vigo Communications             Tel: +44 20 7830 9700 
 Jeremy Garcia / Ben Simons   adgorithms@vigocomms.com 
  / Fiona Henson 
 www.vigocomms.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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