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RNS Number : 8565B

Sopheon PLC

11 June 2019

 
 For immediate release

SOPHEON PLC

("Sopheon" or the "Company")

Issue of Equity

Sopheon plc, the international provider of software, expertise, and best practices for Enterprise Innovation Performance, announces that, following the exercise of options by employees, it has issued and allotted 9,809 new Ordinary Shares of 20 pence each in the Company ("Ordinary Shares"). Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 17 June 2019.

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. The total number of Ordinary Shares in issue following Admission will be 10,157,995. The Company does not hold any shares in treasury. Accordingly, the figure of 10,157,995 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 Guidance and Transparency Rules.

For further information contact:

 
 Barry Mence, Chairman                                + 44 (0) 1276 
  Arif Karimjee, CFO                   Sopheon plc     919 560 
 Carl Holmes/Giles Rolls (Corporate 
  Finance)                                            + 44 (0) 20 7220 
  Alice Lane (ECM)                     finnCap         0500

About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete enterprise innovation management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon's Accolade solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon's solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange. For more information, please visit www.sopheon.com.

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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June 11, 2019 08:32 ET (12:32 GMT)

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