CDialogues PLC Result of AGM and Issue of Shares to Director (7832P)
10 June 2015 - 9:55PM
UK Regulatory
TIDMCDOG
RNS Number : 7832P
CDialogues PLC
10 June 2015
10 June 2015
CDialogues plc
("CDialogues" or the "Company")
Result of AGM and Issue of Shares to Director
CDialogues plc (AIM: CDOG), the provider of mobile marketing
solutions to Mobile Network Operators ("MNOs"), announces that at
its annual general meeting held earlier today, all resolutions were
passed.
CDialogues also announces that, as set out in the Company's
Admission Document dated 24 June 2014, on 10 June 2015, the Company
transferred 4,717 ordinary shares of GBP0.01 each in the Company
("Ordinary Shares") held by the Company in treasury to Daroy Gordon
Limited, the company which provides the services of Jeffrey Gordon
as non-executive director of the Company. These Ordinary Shares
were transferred for nil consideration.
Following this transfer, Jeffrey Gordon, has a beneficial
interest through Daroy Gordon Limited of 4,717 Ordinary Shares,
which represents 0.08% of the voting rights in the Company.
Following the above transfer, the Company has 6,217,017 Ordinary
Shares in issue (excluding treasury shares), which is the total
number of voting rights and may be used by shareholders as the
denominator for the calculation by which they will determine
whether they are required to notify their interest in, or a change
in their interest in, the Company under the Financial Conduct
Authority's Disclosure and Transparency Rules. The total number of
Ordinary Shares now held in treasury is 23,533.
Enquiries:
CDialogues Plc Tel: +30 2106 300 930
-------------------- ----------------------------------------------
George Karakovounis
-------------------- ----------------------------------------------
Pale Spanos
-------------------- ----------------------------------------------
Allenby Capital Tel: 0203 328 5656
Limited
-------------------- ----------------------------------------------
David Hart
-------------------- ----------------------------------------------
Alex Brearley
-------------------- ----------------------------------------------
Walbrook PR Tel: 020 7933 8780/ cdialogues@walbrookpr.com
Ltd
-------------------- ----------------------------------------------
Paul Cornelius Mob: 07866 384 707
-------------------- ----------------------------------------------
Nick Rome Mob: 07748 325 236
-------------------- ----------------------------------------------
About CDialogues
CDialogues provides mobile marketing solutions enabling MNOs to
retain and acquire market share, increase average revenue per user
(ARPU) and reducing subscriber churn.
The Company's products and services deliver fully managed
solutions, utilizing advanced Data analytics techniques combined
with Linguistic engineering marketing, to build awareness and
multiply sales and opt-ins of promotional offerings and other
mobile content being offered by the MNOs.
The solutions designed by the Company, are tailored and served
with the appropriate Linguistic format, to each individual mobile
network subscriber typology and geography it operates in, using its
proprietary software and scalable infrastructure.
The majority of CDialogues' revenues are derived from a
recurring subscription-based revenue model, which has been
pioneered by the Company. As a result, the Company benefits from
incremental cash flow growth from each new campaign customer and
mobile network subscriber.
The Company's near-term focus is on growing both its customer
base and expanding its geographic footprint in selected markets in
the Middle East, Africa and Southeast Asia, where mobile device
penetration and mobile network usage is growing rapidly.
CDialogues has been profitable and cash flow positive since
commercial operations began in early 2012.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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