11th Jun 2014 07:00
Monitise plc
("Monitise" or the "Company")
Holding in Company and Total Voting Rights
LONDON - 11 June, 2014 - Further to the announcement yesterday, Monitise plc (LSE: MONI, "Monitise" or the "Company") announces that Visa Europe has sold the Warrant Shares, being 49,000,000 Ordinary Shares, to certain institutional investors. Following this sale, Visa Europe holds 115,750,000 Ordinary Shares, being the same number of shares Visa Europe owned before exercising the Warrant Shares and representing 6.1% of the enlarged issued share capital of the Company.
Application has been made for the shares to be admitted to trading on AIM and this is expected to take place at 8.00 a.m. on Friday 13 June 2014.
Immediately following Admission, and based on the Company's current issued share capital, Monitise will have 1,887,406,580 Ordinary Shares in issue. This 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, the Company under the FCA's Disclosure and Transparency Rules.
Defined terms in this announcement have the same meaning of such terms as set out in the Company's announcement titled "Exercise of Warrants", which was released yesterday.
About Monitise
Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise's technology platforms and services to securely connect people with their money.
Already 28 million consumers benefit from Monitise's patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $71bn of payments, purchases and transfers annually. More information is available at www.monitise.com.
For further information:
Investor Relations Andrew Griffin, Haya Herbert-Burns investorrelations@monitise.com
Media Relations Gavin Haycock Gavin.haycock@monitise.com
Company Secretary Tom Spurgeon Tom.spurgeon@monitise.com
Canaccord Genuity Simon Bridges, Cameron Duncan
FTI Consulting Charles Palmer, Sophie McMillan
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