mporium Group PLC Re: Share Swap with Cxense ASA (8641Q)
June 22 2015 - 9:09AM
UK Regulatory
TIDMMPM
RNS Number : 8641Q
mporium Group PLC
22 June 2015
MPORIUM GROUP PLC
("MPORIUM" or the "Company")
Re: Share Swap with Cxense ASA ("Cxense")
Further to the Company's announcement of 2 June 2015 in relation
to the proposed Share Swap with Cxense, the Company is pleased to
announce that Cxense has today received authority from its
shareholders to issue and allot 51,177 new Cxense shares to the
Company.
The Company's obligation to issue shares to Cxense under the
Share Swap is now complete, subject only to the admission of
25,000,000 new Ordinary Shares in the Company (the "New Ordinary
Shares") to trading on AIM.
Application has been made for the admission of the New Ordinary
Shares to trading on AIM ("Admission"). Dealings in the New
Ordinary Shares are expected to commence on or around 23 June
2015.
The New Ordinary Shares will rank pari passu in all respects
with the existing Ordinary Shares of the Company. Following
Admission, the total issued share capital of the Company will be
425,719,603 Ordinary Shares of 0.5p each. The Company holds no
Ordinary Shares in treasury.
The above 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.
Terms and expressions used in this announcement shall, unless
defined herein or the context otherwise requires, have the same
meanings as given to them in the circular to shareholders dated 15
May 2015 (the "Circular"). Copies of the Circular are available on
the Company's website (www.mporium.com).
CEO Barry Moat said,
"This partnership with Cxense is important to our business
strategy of making merchants more successful in all aspects of
their m-commerce opportunity. We are delighted to have formed this
strategic alliance and expect it to be hugely beneficial to Mporium
going forward."
Enquiries:
mporium Group PLC Tel: 020 3735 5908
Barry Moat, CEO
N+1 Singer Tel: 020 7496 3000
Ben Wright
Alex Wright
Bell Pottinger Tel: 020 3772 2500
Rollo Crichton-Stuart
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGMGZVDZVGKZM
Mporium (LSE:MPM)
Historical Stock Chart
From Apr 2024 to May 2024
Mporium (LSE:MPM)
Historical Stock Chart
From May 2023 to May 2024