CDialogues PLC Issue of Shares to Directors (3959T)
17 July 2015 - 9:08PM
UK Regulatory
TIDMCDOG
RNS Number : 3959T
CDialogues PLC
17 July 2015
CDialogues plc
("CDialogues" or the "Company")
Issue of Shares to Directors
CDialogues plc (AIM: CDOG), the provider of mobile marketing
solutions to Mobile Network Operators ("MNOs"), announces that the
Company has today transferred a total of 9,760 ordinary shares of
GBP0.01 each in the Company ("Ordinary Shares") out of
treasury.
The Company has transferred 3,416 Ordinary Shares to Daroy
Gordon Limited, the company which provides the services of Jeffrey
Gordon as non-executive director of the Company and 6,344 Ordinary
Shares to Intrinsic Capital LLP, the partnership which provides the
services of Mark Horrocks as non-executive chairman of the
Company.
These transfers of Ordinary Shares have taken place in
satisfaction of bonuses that have been awarded to Jeffrey Gordon
and Mark Horrocks. The transfers took place at a price of 312.5
pence per Ordinary Share, which represents the closing mid-market
price of the Company`s Ordinary Shares on 16 July 2015.
Following these transfers, Jeffrey Gordon has a beneficial
interest through Daroy Gordon Limited of 8,133 Ordinary Shares,
which represents 0.13% of the voting rights in the Company and Mark
Horrocks has a beneficial interest through Intrinsic Capital LLP of
6,344 Ordinary Shares, which represents 0.10% of the voting rights
in the Company.
Following the above transfers, the Company has 6,226,777
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 13,773.
Enquiries:
CDialogues Plc Tel: +30 2106 300 930
-------------------- ----------------------------------------------
George Karakovounis
-------------------- ----------------------------------------------
Pale Spanos
-------------------- ----------------------------------------------
Allenby Capital Tel: 0203 328 5656
Limited
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David Hart
-------------------- ----------------------------------------------
Alex Brearley
-------------------- ----------------------------------------------
Walbrook PR Ltd Tel: 020 7933 8780/ cdialogues@walbrookpr.com
-------------------- ----------------------------------------------
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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