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5th Aug 2014 12:41

RNS Number : 2967O
RapidCloud International PLC
05 August 2014
 



 

5 August 2014

RapidCloud International plc

("RapidCloud", the "Company" or the "Group")

 

Total voting rights

 

RapidCloud International plc (AIM: RCI), the South-east Asia based software solutions provider offering subscription services through all segments of cloud computing, announces that its issued share capital as at the date of this announcement consists of 18,480,083 ordinary shares of nil par value each, with one voting right in the Company per share.

 

The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 18,480,083. This figure may be used by shareholders in the Company 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 Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

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For further information, please visit www.rapidcloudasia.com or contact:

RapidCloud International Plc

Raymond Chee, Managing Director

David Cotterell, Chairman

 

[email protected]

 

Allenby Capital, Nominated Adviser and Broker

Alex Price

Jeremy Porter

Chris Crawford

 

Tel: +44 (0)20 3328 5656

 

Walbrook, Financial PR and IR

Bob Huxford

Guy McDougall

Tel: 44 (0)20 7933 8792

[email protected]

 

 

About RapidCloud

RapidCloud, one of the few integrated subscription-based computing solutions providers in Malaysia that offers its services through all three currently available segments of cloud computing. The Company is based in Southeast Asia and is one of the few solutions providers in the region to deliver its offerings through all three available Cloud Computing segments, i.e. Software-as-a-Service, Infrastructure-as-a-Service and Platform-as-a-Service.

 

Formed in 1999 the Company has a well-established cloud offering with a customer base of c. 38,000. These are predominantly SMEs but also include blue-chip clients such as Deloitte, BAE Systems and Canon, for which RapidCloud's extensive R&D department creates bespoke software solutions.

 

RapidCloud currently has operations in Malaysia, Thailand, Philippines and Indonesia. According to industry research commissioned by RapidCloud from Frost & Sullivan in 2013, the Cloud Computing industry in Asia Pacific is expected to grow at a CAGR of 49.6% between 2013 and 2015, giving a market size of US45.6 billion by 2015.

 

RapidCloud International plc was admitted to AIM on 14 August 2013.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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