TIDMIMO

RNS Number : 1231T

IMImobile PLC

09 October 2017

IMImobile PLC

("IMImobile" or the "Company")

Cancellation of Share Premium Account

IMImobile (AIM: IMO) announces that on 4(th) October 2017, the High Court of Justice Chancery Division confirmed the cancellation of the amount standing to the credit of the share premium account of the Company. The Court Order approving the cancellation was registered with the Registrar of Companies on 5(th) October 2017 and therefore became effective on that date. This follows the approval of the cancellation of the Company's share premium account by special resolution at the general meeting of the Company held on 16 August 2017.

As a result of the High Court approval the Company now has distributable reserves.

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 
 Alina Haritonova 
Investec Bank - Nominated Adviser and Broker  Tel: +44 (0)207 597 5970 
 Henry Reast 
 Robert Baker 
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, Telefonica, Aircel, Capita, BT, BSNL, Ooredoo, MTN, France Telecom, Centrica, Pizza Hut, Tata, the AA, the BBC, EE, Multichoice, Betfair and several major financial institutions.

IMImobile is headquartered in London with offices in Hyderabad, Atlanta, Dubai and Johannesburg and has over 900 employees worldwide. IMImobile PLC 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

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(END) Dow Jones Newswires

October 09, 2017 12:34 ET (16:34 GMT)

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