Monitise PLC (MONI) - Additional Listing
RNS Number : 6765I
27 July 2012
27 July 2012
("Monitise" or the "Company")
Further to the Company's announcements on 25 June 2012 and 26 June 2012,
regarding anticipated additional listings and completion of the acquisition of
Clairmail Inc., the Company announces that it has made application for 679,813
ordinary shares of 1p each in the Company ("Ordinary Shares") to be admitted
to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu
with the existing Ordinary Shares in the Company and it is expected that
dealings in these new Ordinary Shares will commence on 30 July 2012.
Following Admission, Monitise will have 1,053,179,697 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 FSA's
Disclosure and Transparency Rules.
As previously announced on 25 June 2012, under the terms of the Agreement
Clairmail shareholders are obliged to return signed letters of transmittal to
Monitise before they can receive their Consideration Shares. The Admission of
these 679,813 Ordinary Shares follows the receipt of a number of letters of
transmittal since the completion of the acquisition of Clairmail Inc.. A
further amount of up to 11,237,709 Ordinary Shares is expected to be issued
and admitted to trading over the course of the coming weeks as the remaining
letters of transmittal are received from Clairmail shareholders.
All defined terms in this announcement shall have the same meaning as ascribed
to them in the Circular dated 7 June 2012.
Tel: 020 7947 4300
Tom Spurgeon, Company Secretary
Haya Herbert-Burns, Investor Relations
Tel: 020 7523 8000
Tel: 020 7831 3113
Monitise plc (LSE: MONI.L) is a technology and services company delivering
mobile banking, payments and commerce solutions worldwide, with the proven
expertise to enable financial institutions, network operators and merchants to
make money more mobile globally. With live services in the UK, US, India and
Africa, Monitise securely processes hundreds of millions of transactions worth
billions of dollars each year via its Enterprise technology platform.
Following the acquisition of Clairmail, a California-based mobile banking and
payments specialist, Monitise's strategic partner and client base includes
financial institutions and payments companies such as Visa Inc. and Visa
Europe, FIS, Royal Bank of Scotland, Fifth Third Bank, HSBC, Lloyds Banking
Group, Co-operative Banking Group, Sallie Mae, PNC Bank, Frost National Bank,
Standard Chartered, Travelex, Permata Bank and HDFC Bank among others. Other
leading partners include Vocalink, Vodafone, Orange, O2, T-Mobile, 3 UK,
Research In Motion, The Carphone Warehouse, First Eastern, Astra
International, JETCO and PCCW mobile.
More information is available at www.monitisegroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
LISRRMRTMBATMLT -0- Jul/27/2012 09:00 GMT
Press spacebar to pause and continue. Press esc to stop.