24 March 2016
INTERNETQ PLC
('InternetQ', the
'Group' or the 'Company')
Issue of equity
and transfer of treasury shares
InternetQ plc, a leading provider of mobile marketing and
digital entertainment solutions for mobile network operators and
brands, announces that application has been made to the London
Stock Exchange for the issue of 63,365 new ordinary shares which
are to be issued in respect of the Share Incentive Plan (as
disclosed in paragraph 10 of Part IV of the Company's AIM Admission
document dated 6 December 2010).
The 63,365 new ordinary shares of 0.25
pence each, will rank pari passu with the Company's existing
issued ordinary shares, and are expected to be admitted to trading
on AIM on 1 April 2016.
The Company also announces that it transfers its 200,901
treasury shares to its employees to satisfy the remaining shares to
be allocated as part of the same share incentive scheme.
As a result and following the issue of the shares, the Company
has 40,390,238 ordinary shares of 0.25
pence in issue, each carrying one voting right, and no
shares are held in treasury. The resultant shareholdings of the
following Directors are:
| Name |
Number of new ordinary
shares issued |
Resultant Holding
(number of ordinary shares) |
% of Issued Share
Capital |
| Mr. Panagiotis
Dimitropoulos* |
40,000 |
18,508,750 |
45.82% |
| Ms. Veronica Nocetti |
15,000 |
126,875 |
0.31% |
*transferred to DMWSL 805 Limited pursuant to the terms of a
share exchange agreement dated 1 March
2016.
For further details:
InternetQ
Tel: +44 (0) 20 3519 5250
Panagiotis Dimitropoulos, CEO and
Founder
Tel: +30 (697) 811
7520
Veronica Nocetti, Chief Financial
Officer
Tel:
+30 (694) 420 5275
FTI Consulting LLP
Charles Palmer / Chris Lane / Nicola
Krafft / Karen Tang
Tel: +44 (0)20 3727 1000
RBC Capital Markets
Pierre Schreuder / Ema Jakasovic
Tel: +44 (0)20 7653 4000
Canaccord Genuity
Simon Bridges / Emma Gabriel
Tel: +44 (0)20 7523 8000
About InternetQ plc:
InternetQ is a leading digital content and mobile
marketing services company with operations spanning Asia, Europe,
Africa and the Americas. It offers
proprietary technology platforms to help mobile network operators,
brands, and media companies to conduct targeted, interactive and
measurable marketing initiatives on mobile devices. Its mobile
value added services include Akazoo, which allows
consumers to purchase digital music content
and Minimob, its smart mobile marketing and advertising
platform to conduct effective and measurable campaigns on mobile
phones and achieve user engagement and app monetization. All
of InternetQ’s products are underpinned by the rapid global growth
in smart devices and the thriving app economy.
InternetQ is a publicly traded company listed on the AIM
market of the London Stock Exchange, under the symbol INTQ.
For investor related queries, please
email: ir@internetq.com
ENDS