8th Apr 2014 12:49
8 April 2014
SYNETY GROUP PLC (the "Company")
Results of General Meeting
Synety Groupplc (AIM: SNTY), the UK software and telco company specialising in the provision of cloud based telephone call-control systems, announces that at its General Meeting held earlier today, the resolutions as set out in the Circular sent to shareholders on 21 March 2014 in reference to the Placing and Open Offer, which has raised approximately £5 million (before expenses), were duly passed.
Application has been made to AIM for the admission of 2,000,499 New Ordinary Shares. It is expected that Admission will become effective on 9 April 2014. Following Admission, the Company will have 8,416,486 Ordinary Shares in issue.
The New Ordinary Shares will be issued credited as fully paid and will rank in full for all dividends and other distributions declared, made or paid after the admission of the New Ordinary Shares in respect of Ordinary Shares and will otherwise rank on admission of the New Ordinary Shares pari passu in all respects with the existing Ordinary Shares.
Directors' interests
Following Admission of the New Ordinary Shares allotted under the Placing and Open Offer, the interests of the Directors in the Ordinary Shares of the Company will be as follows:
Director | Shareholding prior to the Issue | % of issued share capital held prior to the Issue | Uptake under Open Offer | Uptake under Placing | Shareholding following Admission | % of issued share capital held following Admission |
Simon Cleaver | 298,553 | 4.65% | 18,701 | nil | 317,254 | 3.77% |
Mark Seemann | 869,553 | 13.55% | 6,000 | nil | 875,553 | 10.40% |
Paul Williams | 32,004 | 0.50% | 1,727 | nil | 33,731 | 0.40% |
Graham Ward | 206,795 | 3.22% | nil | nil | 206,795 | 2.46% |
David Whelan | nil | nil | nil | nil | nil | nil |
Dr. Georg Oehm | nil | nil | nil | nil | nil | nil |
For further information please contact:
Synety Group plc Simon Cleaver | 01344 667 347 |
Square1 Consulting | 020 7220 0500 |
David Bick / Mark Longson | |
N+1 Singer | 020 7496 3000 |
Shaun Dobson / Matt Thomas |
Related Shares:
CALL.L