Bidstack Group PLC Exercise of Warrants, Issue of Equity and TVR (4721F)
17 November 2020 - 1:40AM
UK Regulatory
TIDMBIDS
RNS Number : 4721F
Bidstack Group PLC
16 November 2020
Certain information contained within this Announcement is deemed
by the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon
publication of this Announcement, this information is now
considered to be in the public domain.
16 November 2020
Bidstack Group Plc
("Bidstack" or "the Company")
Exercise of 500,205 Warrants, Issue of Equity and Total Voting
Rights
Bidstack Group plc (AIM: BIDS.L), the native in-game advertising
group, hereby announces that on 14 November 2020, the Company
received a subscription notice exercising 500,205 warrants to
subscribe for new ordinary shares in the Company at a subscription
price of 5 pence per share ("New Shares").
Application will be made for the admission of the 500,205 New
Shares to trading on AIM and it is expected that dealings in the
New Shares will commence on or around 20 November 2020. On
admission the New Shares will rank pari passu in all respects with
the Company's existing ordinary shares.
Total Voting Rights
Following admission of the New Shares, the total issued share
capital of the Company will consist of 388,374,057 ordinary shares.
As such the total number of voting rights in the Company will be
388,374,057 ordinary shares. This number 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.
-Ends-
Contacts
Bidstack Group PLC
James Draper, CEO via Buchanan
SPARK Advisory Partners Limited (Nomad)
Mark Brady / Neil Baldwin / James Keeshan +44 (0) 203 368 3550
-----------------------
Stifel Nicholas Europe Limited (Broker)
Fred Walsh / Luisa Orsini Baroni +44 (0) 20 7710 7600
-----------------------
Buchanan Communications Limited
Chris Lane / Stephanie Watson / Kim van
Beeck
bidstack@buchanan.uk.com +44 (0) 20 7466 5000
-----------------------
Notes to editors
About Bidstack
Bidstack is an advertising technology company which provides
dynamic, targeted and automated native in-game advertising for the
global video games industry across multiple platforms. Its
proprietary technology is capable of inserting adverts into natural
advertising space within video games. Bidstack's customers are
games publishers and developers (on the supply side), and
advertising agencies, brands and programmatic advertising platforms
(on the demand side).
Bidstack contracts exclusive access to the native in-game
advertising spaces within video games from their developers or
publishers and sells that advertising space either directly to
specific brands and their agencies or through programmatic
advertising platforms.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCFFUFLMESSEDF
(END) Dow Jones Newswires
November 16, 2020 09:40 ET (14:40 GMT)
Bidstack (LSE:BIDS)
Historical Stock Chart
From Apr 2024 to May 2024
Bidstack (LSE:BIDS)
Historical Stock Chart
From May 2023 to May 2024