RhythmOne PLC Admission of Shares (0038A)
21 December 2017 - 6:00PM
UK Regulatory
TIDMRTHM
RNS Number : 0038A
RhythmOne PLC
21 December 2017
RHYTHMONE PLC TO MAKE DEFERRED CONSIDERATION PAYMENT
London, England and San Francisco, CA - 21 December 2017 -
RhythmOne plc (LSE AIM: RTHM, "Company" or "RhythmOne"), a digital
advertising technology company that connects audiences with brands
through content across devices, today announces that an application
has been made to the London Stock Exchange for the admission of an
additional 1,660,569 ordinary shares of GBP0.10 each in the Company
to trading on AIM resulting from the release of part of the
deferred consideration payment to RadiumOne, Inc. as first
announced on 27 June 2017. These shares are subject to a lock-up
until 26 June 2018, subject to customary exceptions and will rank
pari passu in all respects with the existing ordinary shares of the
Company. Admission is expected to take place at 8.00 a.m. GMT on 22
December 2017.
Following the anticipated admission of the new ordinary shares,
the total issued share capital of the Company will be 51,235,968
ordinary shares of GBP0.10 per share, each with one voting right.
There are no Treasury shares in the Company.
The above figure may be used by shareholders 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, RhythmOne.
About RhythmOne
RhythmOne provides streamlined, transparent connections between
advertisers and audiences through a combination of differentiated
supply, innovative technology and data-driven insights. Founded in
2004 in the UK, the Company pioneered Internet video search and
works with digital advertisers, publishers and content providers to
offer fully integrated, cross-screen solutions that span desktop
and mobile video, rich media, display, social and native
advertising. Through its fully integrated programmatic platform,
RhythmMax, the Company represents digital advertising inventory
across owned, controlled and extended supply sources. The RhythmMax
platform includes unique brand safety technology, RhythmGuard,
which combines leading third-party verification and proprietary
filtering technologies to ensure inventory quality in brand safe
environments. RhythmOne's end-to-end platform provides more direct,
efficient and effective connections, driving ROI for advertisers
and publishers. The Company is headquartered in San Francisco,
United States with offices in the US, UK, Europe, APAC and Canada.
For more information, please visit www.rhythmone.com.
For further information, please contact:
Analyst and Investor Contact
Dan Slivjanovski
RhythmOne plc
Financial Media Contacts
Edward Bridges / Charles Palmer
FTI Consulting LLP
+44 20 3727 1000
Nomad and Broker for RhythmOne
Nick Westlake (Nomad) / Lorna Tilbian
Michael Wharton / Toby Adcock
Numis +44 20 7260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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