mporium Group PLC Result of Fundraising (1470A)
22 December 2017 - 6:00PM
UK Regulatory
TIDMMPM
RNS Number : 1470A
mporium Group PLC
22 December 2017
22 December 2017
Mporium Group plc
("Mporium" or the "Group")
Result of Fundraising
Further to the announcement made on 20 December 2017 Mporium
Group plc (AIM:MPM), the technology firm delivering event-driven
marketing, has raised approximately GBP3.2 million through the
successful subscription of 53,333,333 new ordinary shares of 0.5p
each in the capital of the Company (the "Subscription Shares"), at
an issue price of 6 pence per Subscription Share.
The net proceeds of the Fundraising (being approximately GBP3.1
million) will be used to provide working capital and to support the
continued momentum of the business.
Application has been made to the London Stock Exchange for the
Subscription Shares to be admitted to trading on AIM, with dealings
expected to commence on 5 January 2018 ("Admission").
Following Admission, the Company will have a total of
587,886,539 ordinary shares in issue, each carrying one voting
right. The Company does not hold any Ordinary Shares in Treasury.
Shareholders may use this figure of 587,886,539 Ordinary Shares as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Enquiries
Mporium: 020 3841 8411
Barry Moat, Executive
Chairman
Nelius De Groot, Chief Executive
Officer
N+1 Singer: 020 7496 3000
Mark Taylor
Michael Taylor
Alex Laughton-Scott
Alma PR: 020 3865 9668
Rebecca Sanders-Hewett
Josh Royston
Susie Hudson
Notes to editors
About Mporium
Mporium is a technology company at the forefront of the
transformation in digital marketing. Mporium's proprietary
technology enables advertisers, to identify and monetise
micro-moments - those moments when there are significant changes in
the levels of consumer intent. Using technologies derived from
financial services, these micro-moments are used to drive highly
performant digital advertising campaigns: from brand advertising to
direct response.
Based in the UK, Mporium Group plc is quoted on AIM, the junior
market of the London Stock Exchange plc.
www.mporium.com
This information is provided by RNS
The company news service from the London Stock Exchange
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