Blinkx Plc Issue of Equity (7837A)
29 December 2014 - 6:19PM
UK Regulatory
TIDMBLNX
RNS Number : 7837A
Blinkx Plc
29 December 2014
Issue of Equity
London, England and San Francisco, CA - 29 December 2014 -
Further to the announcements on 03 December 2013 and 12 December
2013, regarding the acquisition of Rhythm NewMedia Inc (the
"Acquisition") by blinkx plc ("blinkx" or the "Company"), blinkx
announces that it has issued and allotted 511,197 new ordinary
shares of 1 pence each in the Company in respect of deferred
consideration in relation to the Acquisition. The effective value
of the shares will be set at the time of admission.
Application has been made for these new ordinary shares to be
admitted to trading on AIM. The new ordinary shares will rank pari
passu in all respects with the Company's existing issued shares.
Admission is expected to occur on or around 31 December 2014.
For further information please contact:
Analyst and Investor Financial Media Contacts
Contact Edward Bridges/Charles Palmer
Dan Slivjanovski FTI Consulting
blinkx plc (UK) 020 3727 1000
NOMAD for blinkx plc Joint Broker for blinkx
Charles Lytle/ Christopher plc
Wren Lorna Tilbian/Mark Lander/Nick
Citigroup Global Markets Westlake
Ltd Numis Securities Limited
(UK) 020 7986 9765 (UK) 020 7260 1000
About blinkx
blinkx (LSE AIM: BLNX) is an Internet media company that
connects consumers and brands through premium content online.
Founded in the UK in 2004, blinkx pioneered Internet Video Search
using its patented COncept Recognition Engine (CORE). This
technology leverages speech recognition, text and image analysis to
deeply understand the meaning and context of video content to
generate improved search relevancy for consumers and a brand safe
environment for advertisers. Today, blinkx is a broad digital media
technology, distribution and monetization platform that connects
consumers, advertisers and content across four screens. Through its
partnerships with hundreds of media companies, including ABC, NBC,
Conde Nast, Reuters and Bloomberg, blinkx has indexed and search
enabled millions of hours of video content. blinkx powers video
search, discovery or monetization on thousands of online properties
including Lycos, ABC, CBS and Fox Sports. blinkx is headquartered
in San Francisco, California with 15 offices worldwide. For more
information please visit www.blinkx.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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