3rd Jul 2017 07:00
3 July 2017
Defenx PLC("Defenx" or the "Company")
Issue of new ordinary sharesand total voting rights
Defenx PLC (AIM:DFX), the cyber-security software group, announces that further to the appointment of MBooster Srl as strategic adviser to the Company, as announced on 3 January 2017, the first semi-annual fee of €37,500 for the period January to June 2017, will be settled by the issue of 22,348 new ordinary shares of 1.8 pence in the capital of the Company ("Ordinary Shares") at £1.476 being the average mid-market price for the last five business days.
Total Voting Rights
Application has been made for admission of these 22,348 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 7 July 2017. Following Admission, Defenx will have 11,799,042 Ordinary Shares in issue and admitted to trading on AIM.
The figure, therefore, of 11,799,042 Ordinary Shares may be used by Shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of Defenx under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Defenx holds no Ordinary Shares in treasury.
Enquiries
Defenx PLCAndrea Stecconi - Chief Executive OfficerPhilipp Prince - Chief Financial Officer | 020 3769 0687 |
IFC Advisory (Financial PR and IR)Tim Metcalfe / Graham Herring / Heather Armstrong | 020 3053 8671 |
Strand Hanson Limited (Nominated and Financial Adviser)Richard Tulloch / Ritchie Balmer / James Bellman | 020 7409 3494 |
WH Ireland (Joint-Broker)Adrian Hadden / Alex Bond | 020 7220 1666 |
Beaufort Securities (Joint-Broker)Jon Belliss | 020 7382 8300 |
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable cyber-security software group that offers a range of Security, Backup and Protection solutions for smartphones, PCs and networks.
A channel sales strategy, focused on flexibility, white-labelling and profit-share arrangements with distributors, telecoms companies and hardware manufacturers, enables Defenx to compete with established industry incumbents. Defenx's global distribution partners currently include 3Italia, Türk Telecom and Western Digital, amongst others including telecoms operators, systems integrators and original equipment manufacturers.
Defenx was admitted to trading on AIM on 3 December 2015, acquired Memopal Srl in August 2016 and announced a strategic partnership with BV-Tech, an Italian IT solutions provider, in April 2017. These have allowed the Company to diversify its product portfolio and grow its customer base by adding proprietary cloud backup and encryption technology as well as new channel partners.
Web: investors.defenx.com
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
Related Shares:
DFX.L