Issue of Equity

RNS Number : 2845T

Rightster Group PLC

29 March 2016

 

29 March 2016

Rightster Group plc

("Rightster" or the "Company")

Issue of equity

Application has been made for the admission to trading on AIM of 391,591 new ordinary shares of 0.1 pence each in the Company (the "New Shares"). The New Shares, which will rank pari passu in all respects with the Company's existing ordinary shares, have been issued pursuant to the terms of a licence agreement made among the Australian Football League, the Company and the Company's wholly owned subsidiary, Rightster Limited which was announced on 5 December 2013. Admission of the New Shares is expected to become effective on 31 March 2016.

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 569,535,226. The Company does not hold any Ordinary Shares in Treasury. 

The above figure of 569,535,226 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

Ashley MacKenzie (CEO) / Niall Dore (CFO)                              Tel: [phone]

Stockdale Securities Limited

Richard Johnson / Robert Finlay                                       Tel: [phone]

About Rightster Group plc

Founded in 2011, Rightster makes it simple for Content Owners, Creators, Brands, Publishers and Platforms to unlock the value of online video, whether on a licenced, ad-funded, direct to consumer or paid placement basis.

 

END

 

 

IOELLFVTVRISFIR