Issue of Equity

RNS Number : 9290W

Ebiquity PLC

01 February 2013

 



Ebiquity Plc

("the Company")

The Company recently completed the merger of its two subsidiary companies in Germany: the majority-owned Ebiquity Germany GmbH (Ebiquity Germany) and the wholly-owned Fairbrother Lenz Eley GmbH.  Following completion of the merger, the Company held a majority interest in the enlarged Ebiquity Germany with the minority interest held by certain local managers of Ebiquity Germany.

The Company announces that it has completed the acquisition of part of the minority interest in Ebiquity Germany from the local managers.  The consideration has been satisfied by the issue to the managers of (in aggregate) 345,009 new ordinary shares of 25 pence each in the Company (Ordinary Shares).

Application has been made for the new Ordinary Shares to be admitted to AIM, with trading expected to commence on 6 February 2013 (Admission). Upon Admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

After issue of the new Ordinary Shares, Ebiquity plc has 60,139,096 Ordinary Shares in issue.

1 February 2013

Enquiries:

Ebiquity plc Andrew Beach (CFO)	0207 650 9600
Numis Securities Limited               Nick Westlake (NOMAD) David Poutney, James Serjeant (Corporate Broker)	0207 260 1000

 

END

 

 

IOEKMGGZMMZGFZM