18th Dec 2015 07:00
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 Dan Slivjanovski blinkx plc
| Financial Media Contacts Edward Bridges/Charles Palmer FTI Consulting LLP (UK) 020 3727 1000
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NOMAD and Joint Broker for blinkx plc Charles Lytle/Christopher Wren Citigroup Global Markets Limited (UK) 020 7986 9756 | Joint Broker for blinkx plc Lorna Tilbian/Mark Lander/Nick WestlakeNumis Securities Limited(UK) 020 7260 1000
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Related Shares:
RTHM.L