21st Dec 2011 14:29
21 December 2011
2ergo Group plc
("2ergo" or "the Company")
Issue of Equity
Pursuant to the acquisition agreement with Activemedia Technologies Limited, announced on 27 July 2009, the Company has today applied to AIM for the admission of 180,018 Ordinary Shares of 1p each ('Shares') to trading. These Shares will rank pari passu in all respects with the existing shares in issue. Trading of the new Shares on AIM is expected to commence on 29 December.
Following this allotment, the Company holds 899,726 ordinary shares in treasury and has a total of 35,482,092 ordinary shares in issue, excluding those shares held in treasury.
For further information, please contact:
2ergo Group plc | +44 (0)161 874 4222 |
Neale Graham, CEO | |
Jill Collighan, Group Finance Director | |
College Hill | +44 (0)20 7457 2020 |
Adrian Duffield/Jon Davies | |
Numis Securities Limited | +44 (0)20 7260 1000 |
Stuart Skinner as Nominated Advisor | |
David Poutney as Corporate Broker |
About 2ergo Group plc
2ergo is the international mobile business and marketing solutions company. It combines innovative proprietary mobile technologies and professional services to help organisations of all sizes to develop and execute their mobile strategy.
Organisations such as the Australian Broadcasting Corporation, Vodafone Hutchison Australia, Fox Sports, Fox Business, Orange, Aviva, Fidelity, Transport for London, Ladbrokes, Times of India, Airtel, PizzaExpress, O2 and Procter & Gamble have all benefited from 2ergo's proprietary end-to-end mobile solutions to increase sales, mobilise business processes, reduce costs and enhance customer relationships.
2ergo communicates with all types of mobile users, millions of times each day through innovative mobile business solutions that incorporate search, security, advertising, location, proximity, coupons, tickets, mCommerce and data network analytics, enabling fully-integrated and personalised one to one marketing communications.
Headquartered in the UK, 2ergo has been a pioneer of enabling innovative mobile business solutions across multiple sectors and geographies since 1999. Its international presence spans North America, Latin America, India and Australia. 2ergo is AIM listed on the London Stock Exchange (AIM: RGO).
For more information, visit www.2ergo.com.
Related Shares:
MXCP.L