23rd Aug 2016 10:45
23 August 2016
Messaging International plc
("MI" or the "Company")
Completion of Subscription and Total Voting Rights
Further to the announcement of 22 August 2016, the Company is pleased to announce that admission of the New Ordinary Shares to trading on AIM and sets out the following update to the Share Capital Statistics section reflecting these changes:
Subscription Price (per Ordinary Share) | 0.24 pence |
Total number of Ordinary Shares in issue
| 270,555,743 |
Gross proceeds of the Subscription | £500,000
|
Implied market capitalisation of the Company at the Subscription Price
| £649,334 |
Total voting rights
The Company's enlarged issued share capital comprises 270,555,743 Ordinary Shares with one voting right per Ordinary Share. There are no shares held in treasury and the total number of voting rights in the Company is therefore 270,555,743. This figure of 270,555,743 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Capitalised terms used in this announcement carry the same meaning as those defined in the circular published on 4 August 2016, unless the context requires otherwise.
-Ends-
For further information, please contact:
Messaging International plc | |||
Max Vermorken | +44(0)20 7193 4470 | ||
Strand Hanson Limited (Nominated and Financial Adviser) | +44(0)20 7409 3494 | ||
James Spinney | |||
James Dance | |||
Peterhouse Corporate Finance Limited (Broker) | +44(0)20 7469 0930 | ||
Eran Zucker Lucy Williams Duncan Vasey
| |||
Tavistock ((Public Relations adviser) | +44(0)20 7920 31510 | ||
Jos Simson
Edward Portman
Barney Hayward
Related Shares:
Sigmaroc.