Crossrider plc Change of Name to Kape Technologies plc (9029G)
07 March 2018 - 6:02PM
UK Regulatory
TIDMCROS
RNS Number : 9029G
Crossrider plc
07 March 2018
7 March 2018
Crossrider plc
("Crossrider" the "Company)
Change of Name to Kape Technologies plc
&
Change of Website Address
Crossrider Plc (AIM: CROS), the consumer security software
business, is pleased to announce the renaming of the Company to
Kape Technologies plc. Trading in the Company's shares under the
new name and TIDM, "KAPE", will commence at 8.00 a.m. on Tuesday 13
March 2018.
The Company's change in name reflects the transformation of its
operations and the shift in strategic focus that has taken place
over the last eighteen months. The Company's aim is to become the
leading provider of products that ensure consumers' online
security, privacy and autonomy.
The Company's AIM Rule 26 website will be available at
www.kape.com with effect from 7.00 a.m. on Tuesday 13 March 2018.
Shareholdings will be unaffected by the change of name and existing
share certificates should be retained as they will remain valid for
all purposes. Any new share certificates issued after 13 March 2018
will bear the name Kape Technologies plc.
Ido Erlichman, Chief Executive Officer of Crossrider,
commented:
"Our business has been successfully transformed to focus on
developing our own suite of consumer cybersecurity software
products, whilst leveraging our proprietary distribution technology
and expertise to grow the user base for these solutions.
"We believe the consumer cybersecurity market offers significant
opportunity to deliver shareholder value. We are well-placed to
capitalise on this, as not only do we possess the unique ability to
distribute our own software products, but we also have end-to-end
control of the user journey. This enables us to be proactive as
well as bold and accessible to the end consumer, giving us the
capability to constantly adjust to the ever-evolving digital
landscape."
Enquiries:
Crossrider plc (to be renamed Kape via Vigo Communications
Technologies plc) +44 (0)20 7830
Ido Erlichman, Chief Executive 9707
Officer
Moran Laufer, Chief Financial Officer
Shore Capital (Nominated Adviser
& Broker) +44 (0)20 7408
Dru Danford / Toby Gibbs 4090
Vigo Communications (Financial
Public Relations)
Jeremy Garcia / Antonia Pollock +44 (0)20 7830
crossrider@vigocomms.com 9707
This information is provided by RNS
The company news service from the London Stock Exchange
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