TIDMCROS

RNS Number : 3837Y

Crossrider plc

08 September 2015

Crossrider plc

("Crossrider," the "Company" or the "Group")

Blocklisting Application

Crossrider (AIM: CROS), the creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data, announces that it has made a blocklisting application to AIM for up to 10,000,000 ordinary shares of USD 0.0001 each in the Company ("Ordinary Shares"). These Ordinary Shares will be available to satisfy the future exercises of options over Ordinary Shares under the Company's Global Equity Plan and Global Option Plan. These shares, when issued, will rank pari passu in all respects with the Company's existing Ordinary Shares. It is expected that the blocklisting will become effective on 10 September 2015.

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For more information contact

 
 Crossrider plc 
  Koby Menachemi, Chief Executive 
  Officer 
  Mark Carlisle, Chief Financial 
  Officer 
  c/o Bell Pottinger                 +44 (0) 20 3772 2496 
 Shore Capital 
  Bidhi Bhoma 
  Toby Gibbs                         +44 (0) 20 7408 4090 
 Bell Pottinger 
  David Rydell 
  James Newman 
  Sam Cartwright                     +44 (0) 20 3772 2496

About Crossrider

Crossrider is a creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data. The Company's web and mobile platforms power ad networks, agencies and direct publishers and enable the delivery of relevant digital advertising through the analysis of big data: making online marketing significantly more efficient and cost effective.

The Group operates web and mobile platforms which generate big data, enabling the development of a proprietary ad serving algorithm and engine that can extract value from this data to deliver relevant advertising to targeted users.

Crossrider's vision is to become the de facto standard platform for delivering relevant web and mobile adverts to billions of people, powering the next generation of digital advertising.

www.crossrider.com

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

September 08, 2015 04:00 ET (08:00 GMT)

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