Blinkx Plc Issue of Equity (4958J)
18 December 2015 - 6:00PM
UK Regulatory
TIDMBLNX
RNS Number : 4958J
Blinkx Plc
18 December 2015
BLINKX PLC
ISSUE OF EQUITY
London, England and San Francisco, CA. - 18 December 2015 -
Further to the announcements on 3 December 2013 and 12 December
2013, regarding the acquisition of Rhythm NewMedia, Inc. by blinkx
plc ("blinkx" or the "Company"), blinkx announces that it has
issued and allotted 512,877 new ordinary shares of 1 pence each in
the Company. This issuance reflects a share price of 211 pence per
share in respect of the final release of escrow following the
acquisition.
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 of the above shares is expected to occur on or around 24
December 2015.
For further information please contact:
Analyst and Investor Contact Financial Media Contacts
Dan Slivjanovski Edward Bridges/Charles
blinkx plc Palmer
FTI Consulting LLP
(UK) 020 3727 1000
NOMAD and Joint Broker Joint Broker for blinkx
for blinkx plc plc
Charles Lytle/Christopher Lorna Tilbian/Mark Lander/Nick
Wren Westlake
Citigroup Global Markets Numis Securities Limited
Limited (UK) 020 7260 1000
(UK) 020 7986 9756
This information is provided by RNS
The company news service from the London Stock Exchange
END
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