Monitise PLC Additional Listing (2826C)
14 Marzo 2014 - 3:00AM
UK Regulatory
TIDMMONI
RNS Number : 2826C
Monitise PLC
14 March 2014
14 March 2014
Monitise plc
("Monitise" or the "Company")
Additional Listing
On 3 December 2012, Monitise announced that it had entered into
a legally-binding agreement to acquire the entire issued share
capital of mobile payments acceptance business eMerit Solutions
Limited ("eMerit"). In respect of the final deferred consideration
for the acquisition, the Company has issued 656,168 new ordinary
shares of 1p each ("Ordinary Shares").
Application has been made for the new Ordinary Shares to be
admitted to trading on AIM and it is expected that admission will
become effective on 17 March 2014 ("Admission"). The new Ordinary
Shares will rank pari passu with the existing Ordinary Shares.
Following Admission, it is expected that Monitise will have
1,681,622,372 Ordinary Shares in issue. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.
About Monitise
Monitise (LSE: MONI) is a world leader in Mobile Money -
banking, paying and buying with a mobile device. Leading banks,
payments companies, retailers and mobile networks utilise
Monitise's technology platforms and services to securely connect
people with their
money.
Already 28 million consumers benefit from Monitise's patented
technology to 'bank anywhere', 'pay anyone' and 'buy anything',
accounting for $71bn of payments, purchases and transfers annually.
More information is available at www.monitise.com
ENQUIRIES:
Monitise Group Tel: 020 3657 0900
Tom Spurgeon, Company Secretary
Andrew Griffin/Haya Herbert-Burns, Investor Relations
Canaccord Genuity Limited Tel: 020 7523 8000
Simon Bridges
Cameron Duncan
FTI Consulting Tel: 020 7831 3113
Charles Palmer
Jon Snowball
This information is provided by RNS
The company news service from the London Stock Exchange
END
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