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Completion of Subscription and Total Voting Rights

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RNS Number : 9042H
Messaging International Plc
23 August 2016
 

23 August 2016

Messaging International plc

("MI" or the "Company")

Completion of Subscription and Total Voting Rights

 

Further to the announcement of 22 August 2016, the Company is pleased to announce that admission of the New Ordinary Shares to trading on AIM and sets out the following update to the Share Capital Statistics section reflecting these changes:

 

 Subscription Price (per Ordinary Share)

0.24 pence

Total number of Ordinary Shares in issue

 

270,555,743

Gross proceeds of the Subscription

£500,000

 

Implied market capitalisation of the Company at the Subscription Price

 

£649,334

 

Total voting rights

 

The Company's enlarged issued share capital comprises 270,555,743 Ordinary Shares with one voting right per Ordinary Share. There are no shares held in treasury and the total number of voting rights in the Company is therefore 270,555,743. This figure of 270,555,743 Ordinary Shares 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

Capitalised terms used in this announcement carry the same meaning as those defined in the circular published on 4 August 2016, unless the context requires otherwise.

 

-Ends-

 

For further information, please contact:

 

Messaging International plc



Max Vermorken


+44(0)20 7193 4470




Strand Hanson Limited (Nominated and Financial Adviser)


+44(0)20 7409 3494

James Spinney



James Dance






Peterhouse Corporate Finance Limited (Broker)


+44(0)20 7469 0930

Eran Zucker

Lucy Williams

Duncan Vasey

 



Tavistock ((Public Relations adviser)


+44(0)20 7920 31510

Jos Simson

Edward Portman

Barney Hayward

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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