Monitise PLC MONI Additional Listing

  Monitise PLC (MONI) - Additional Listing

RNS Number : 6765I
Monitise PLC
27 July 2012
 



27 July 2012

                                       

                                 Monitise plc

                        ("Monitise" or the "Company")

                                       

                              Additional Listing

 

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.

 

Contacts:              

 

Monitise
Group                                                                                                   
Tel: 020 7947 4300

Tom Spurgeon, Company Secretary

Haya Herbert-Burns, Investor Relations

 

 Canaccord Genuity
Limited                                                                             
Tel: 020 7523 8000

Simon Bridges

Cameron Duncan

 

FTI
Consulting                                                                                                      
Tel: 020 7831 3113

Charles Palmer

Jon Snowball

 

 

About Monitise

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
 
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LISRRMRTMBATMLT -0- Jul/27/2012 09:00 GMT