TIDMIMO

RNS Number : 8991Y

IMImobile PLC

06 January 2020

6 January 2020

IMImobile PLC

("IMImobile" or the "Company")

Issue of shares, block listing application and total voting rights

During December 2019, the Company issued 22,873 new Ordinary shares of 10p each from its block listing authority of 2 August 2019 and 110,952 new Ordinary shares of 10p each from its block listing authority of 23 September 2019 (together the "Share Issue"). Following the Share Issue the Company has the ability to issue a further 13,000 shares under its block listing facility of 19 October 2018 and 221,624 shares under its block listing facility of 23 September 2019. All shares available under the block listing facility of 2 August 2019 have been issued.

The Company also announces that application has been made to the London Stock Exchange for the block listing of 300,000 new ordinary shares of 10p each in the Company ("Ordinary Shares"). These Ordinary Shares will be issued from time to time as a result of the exercise of shares options pursuant to the IMImobile PLC 2014 Unapproved Group Option Plan and the IMImobile PLC Company Share Option Plan (the "Schemes"). When issued, the Ordinary Shares under the block listing will rank pari passu with the Company's existing issued Ordinary Shares. It is expected that admission will become effective on 10 January 2020.

The Company's enlarged issued share capital comprises 74,630,036 ordinary shares. The Company holds zero shares in treasury. Therefore, when calculating voting rights, shareholders should use the figure of 74,630,036 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

- ENDS -

For further information, please contact:

 
 IMImobile PLC                              c/o Alma PR 
 Jay Patel, Group Chief Executive Officer 
 Mike Jefferies, Group Chief Financial 
  Officer 
 
 Alma PR                                    Tel: +44 (0)20 3405 
                                             0205 
 Hilary Buchanan                            IMImobile@almapr.co.uk 
 Rebecca Sanders-Hewett 
 Susie Hudson 
 Kieran Breheny 
 
 Investec Bank - Nominated Adviser and      Tel: +44 (0)20 7597 
  Joint Broker                               5970 
 Henry Reast 
 Andrew Pinder 
 Tejas Padalkar 
 
 N+1 Singer - Joint Broker                  Tel: +44 (0)20 7496 
                                             3000 
 Tom Salvesen 
 Justin McKeegan 
 

About IMImobile PLC

IMImobile is a communications software provider whose solutions enable enterprises to automate digital customer communications and interactions to improve customer experience and reduce operating costs.

IMImobile's enterprise cloud communications software platform orchestrates customer interactions, connecting existing business systems with digital communications channels. Organisations that trust us to deliver smarter digital customer engagement include Hermes, Centrica, AA, O2, EE, BT, Walgreens, Tracfone, Ooredoo, Best Buy, Express, three of the major retail banks in the UK and public-sector organisations globally.

IMImobile is headquartered in London with offices across the UK, Hyderabad, Toronto, Boca Raton, Dubai and Johannesburg and has over 1,100 employees worldwide. IMImobile is quoted on the London Stock Exchange's AIM market with the TIDM code IMO.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

January 06, 2020 11:09 ET (16:09 GMT)

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