IMImobile PLC Completion of Placing (0164U)
12 January 2017 - 9:11PM
UK Regulatory
TIDMIMO
RNS Number : 0164U
IMImobile PLC
12 January 2017
THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR PUBLICATION,
RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN
PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND,
JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN
WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
12 January 2017
IMImobile PLC
("IMImobile" or the "Company")
Completion of Placing
IMImobile (AIM: IMO) is pleased to confirm that, pursuant to the
announcement yesterday evening, 3,389,881 new ordinary shares of 10
pence each in the capital of the Company (the "Placing Shares")
have been placed by Investec Bank plc ("Investec") and Whitman
Howard Limited ("Whitman Howard") at a price of 159 pence per
Placing Share with existing and new institutional investors,
raising gross proceeds of approximately GBP5.4 million (the
"Placing").
Applications have been made for the Placing Shares to be
admitted to trading on AIM ("Admission"). It is expected that
Admission will take place at 8.00 a.m. on 17 January 2017 and that
dealings in the Placing Shares will commence at that time.
The Placing Shares will, when issued, be credited as fully paid
and will rank pari passu in all respects with the existing ordinary
shares of 10 pence each in the share capital of the Company,
including the right to receive all dividends and other
distributions declared, made or paid in respect of such shares
after the date of issue of the Placing Shares.
For further information please contact:
IMImobile PLC c/o Redleaf Communications
Jay Patel, Chief Executive Officer Tel: +44 (0)20 7382 4769
Mike Jefferies, Chief Financial Officer
Redleaf Communications - PR adviser Tel: +44 (0)20 7382 4769
Charlie Geller imimobile@redleafpr.com
Sam Modlin
Investec Bank - Nominated Adviser and Joint Broker Tel: +44 (0)207 597 4000
Dominic Emery
Henry Reast
Whitman Howard - Joint Broker Tel: +44 (0) 207 659 1234
Ranald McGregor-Smith
Francis North
About IMImobile PLC
IMImobile is a cloud communications software and solutions
provider that enables companies to use mobile and digital
technologies to communicate and engage with their customers.
Organisations that trust us to deliver smarter digital customer
engagement solutions include Vodafone, O2, Telefonica, Aircel,
Airtel, EE, BSNL, AT&T, MTN, France Telecom, Centrica,
Universal Music, Tata, the AA, the BBC and major financial
institutions.
IMImobile is headquartered in London with offices in Hyderabad,
Atlanta, Dubai and Johannesburg and has over 800 employees
worldwide. IMImobile is quoted on the London Stock Exchange's AIM
market with the TIDM code IMO.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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