Issue of Equity

RNS Number : 4883P

Rightster Group PLC

19 August 2014

 



19 August 2014

Rightster Group plc

("Rightster" or the "Company")

Issue of equity

Application has been made to AIM for the admission of 190,569 new ordinary shares of 0.1 pence each in the Company to trading (the "New Shares"). The New Shares, which will rank pari passu in all respects with the Company's existing shares in issue, have been allotted pursuant to the exercise of options by former employees of the Company. Admission of the New Shares is expected to become effective on 25 August 2014.

Following the issue of the New Shares the total number of ordinary shares of 0.1 pence each ("Ordinary Shares") in the Company with voting rights will be 193,065,367. The Company does not hold any Ordinary Shares in Treasury.

The above figure of 193,065,367 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 to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information visit www.rightster.com or please contact: 

Rightster Group plc	via Newgate Threadneedle
Charlie Muirhead, CEO
Charl de Beer, CFO
Cenkos Securities plc	Tel: [phone]
Max Hartley/Mark Connelly (Nomad) / Julian Morse (Sales)
Newgate Threadneedle	Tel: [phone]
Josh Royston/ Heather Armstrong

About Rightster Group plc

Founded in May 2011 by CEO Charles Muirhead, Rightster is a global business to business video network for 360° distribution, content-sourcing, audience engagement and monetisation. Rightster's software and services make it simple for sports, fashion, news, entertainment and viral rights holders to enhance the value of their video whether on a licenced, ad-funded, direct to consumer or paid placement basis.

Rightster's network currently stands at over 850 content owners and over 7,500 publishers. The Group employs approximately 180 staff in 10 offices across 10 countries.

 

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