Block Admission Application
24 July 2007 - 5:01PM
UK Regulatory
RNS Number:7176A
Redknee Solutions Inc.
24 July 2007
Immediate Release 24 July 2007
Redknee Solutions Inc. ("Redknee" or the "Company")
Block Admission Application
TORONTO - July 24, 2007 - Redknee (AIM: RKN), a leading provider of innovative
infrastructure software that monetizes and personalizes services and content for
mobile operators, today announced that it has made an application to the London
Stock Exchange for a Block Admission of up to 6,000,000 common shares with no
par value to be admitted to trading on the AIM market should common shares be
issued pursuant to an exercise of options outstanding under Redknee's Employee
Stock Option Plan. If issued, these shares will rank pari passu with existing
common shares. The block admission is expected to be effective from 8.00am GMT
on July 26, 2007.
Media Relations Contact: Investor Relations Contact:
Heidi Rosenberg Jeremy Garcia / Simon Potter
NPI PR Buchanan Communications
+1 831-440-2405 +44 (0) 20 7 466 5000
heidi@npipr.com jeremyg@buchanan.uk.com
Dalia Asterbadi Colley Clarke
+1 905 625 2636 +1 905 625 2604
dalia.asterbadi@redknee.com colley.clarke@redknee.com
About Redknee
Redknee (RKN : AIM), established in 1999, provides real-time monetization and
personalization products, solutions and services to over 30 mobile operators
globally. Redknee Monetization products enable mobile network operators to
optimize the lifetime value of each subscriber through advanced billing, rating
and charging. Redknee Personalization products enable operators to offer
personalized voice, messaging, and data services for the enterprise and
consumers to meet mainstream, niche and individual market segment requirements.
Redknee customers provide services to over 290 million wireless subscribers in
over 20 countries. Redknee Solutions Inc. is the parent of the wholly-owned
operating subsidiary Redknee Inc. and its various subsidiaries. References to
Redknee refer to the combined operations of those entities. For more
information, visit www.redknee.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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