Silver Bullet Data Services Grp PLC Exercise of Options (5582C)
October 12 2022 - 1:00AM
UK Regulatory
TIDMSBDS
RNS Number : 5582C
Silver Bullet Data Services Grp PLC
12 October 2022
12 October 2022
Silver Bullet Data Services Group plc
("Silverbullet" or the "Company")
Exercise of Options
Silverbullet, a provider of digital transformation services and
products, announces that it has issued, 20,000 new ordinary shares
of 1p each in the Company ("Ordinary Shares") pursuant to an
exercise of options at an exercise price of GBP0.01 per Ordinary
Share (the "Option Shares").
Application has been made for the Option Shares to be admitted
to trading on AIM ("Admission"), and Admission is expected to occur
on or around 17 October 2022. The Option Shares will rank pari
passu with the Company's existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission
will be 15,936,687. As the Company does not hold any shares in
Treasury, this figure may be used by shareholders in the Company 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 share capital of the Company following
Admission under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Silverbullet via IFC
Ian James (CEO), Darren Poynton
Strand Hanson Limited - Financial
and Nominated Adviser 0207 409 3494
James Spinney / James Bellman / Robert
Collins
Oberon Capital - Broker 0203 179 5344
Mike Seabrook / Chris Crawford
IFC Advisory 020 3934 6630
Graham Herring / Tim Metcalfe / Florence 07793 839
Chandler 024
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018 (as amended).
About Silverbullet
Silverbullet's proprietary 4D advertising solution is designed
to help advertisers target consumers in a "post cookie world". The
product is a natural extension to its existing services business
which already serves a blue-chip client base such as Heineken,
Channel 4, Amazon and ITV amongst many others. The removal of
third-party cookies has already been implemented by web browsers
such as Firefox and Safari, with Google expected to phase out the
use of cookies in 2023.
Headquartered in London, the Group employs 74 employees across
five regions across the globe, including, the UK, Italy, Germany,
Australia and the US. The Group continues to look at other
opportunities for expansion worldwide.
The Company has an established and growing services business
with significant accumulated industry experience and a proven track
record of delivering strategic projects and activation services to
its clients. The majority of the Board have held senior positions
at global software companies and have significant industry
experience across data engineering, SAAS product development and
marketing.
The Group has close technical and commercial partnerships with
Salesforce, Oracle and Adobe, all of which have existing sales
channels and are already delivering to clients.
The Group has established a strategic partnership and an entity
with Local Planet, a scaled network of over 60 agencies across the
globe. Local Planet Data Services Limited was established in
December 2020 and presents a significant opportunity to provide
data services and the 4D product to the Local Planet agency
network.
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END
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