3rd Apr 2012 16:00
3 April 2012 |
Issue of Equity and Director Dealing
InternetQ plc ("InternetQ" or the "Company"), one of the leading providers of mobile marketing and digital entertainment solutions for mobile network operators and brands, announces that a total of 36,457 new ordinary shares of 0.25 pence each in the Company were issued at £1.20 per new ordinary share to the non-executive directors of the Company, namely Stuart Cruickshank, Iain Johnston and Michael Joliffe.
The 36,457 new ordinary shares were split between the non - executive directors as follows:
Number of new ordinary shares issued | |
Stuart Cruickshank | 10,416 |
Iain Johnston | 10,416 |
Michael Joliffe | 15,625 |
These shares were issued under the Non-Executive Directors Incentive Share Plan which was entered into on 27 January 2011 and satisfied their respective elements of annual salary which is payable in shares (as set out in paragraphs 12.14 to 12.16 of Part IV of the Company's AIM admission document dated 6 December 2010).
As a result of the new ordinary share being issued the non - executive directors shareholdings are as follows:
Resultant Holding (number of ordinary shares) | % of Issued Share Capital
| |
Stuart Cruickshank | 20,832 | 0.07% |
Iain Johnston | 20,832 | 0.07% |
Michael Joliffe | 31,250 | 0.09% |
Application has been made for the admission to AIM of these 36,457 shares. The new ordinary shares will rank pari passu with the Company's existing issued ordinary shares, and dealings are expected to commence on 11 April 2012.
Following the issue of these shares, the Company has 31,418,080 ordinary shares of 0.25 pence in issue, each carrying one voting right. The Company holds no shares in treasury.
For further details
InternetQ Konstantinos Korletis, Chief Executive Officer Veronica Nocetti, CFO |
Tel: +30 (211) 101 1101 Tel: +30 (693) 260 0128 Tel: +30 (694) 420 5275 |
Buchanan Jeremy Garcia / Gabriella Clinkard
|
Tel: +44 (0)20 7466 5000 |
Grant Thornton Corporate Finance Philip Secrett / David Hignell
|
Tel: +44 (0)20 7383 5100 |
RBC Capital Markets Stephen Foss / Pierre Schreuder / Daniel Conti
|
Tel: +44 (0)20 7653 4000 |
Related Shares:
INTQ.L