Issue of Equity

RNS Number : 2771S

Feedback PLC

06 July 2015

 

6 July 2015

Feedback plc

("Feedback" or the "Company")

Issue of Equity

Feedback plc (AIM: FDBK), the medical imaging software company, announces that it has issued and allotted 216,000 new ordinary shares of 0.25 pence each at a price of 1.25 pence per ordinary share (the "New Ordinary Shares") to Brand UK Limited, the Company's PR adviser, in lieu of fees for professional services provided to the Company.

The New Ordinary Shares will rank pari passu with the existing ordinary shares and application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence by 8.00 a.m. on 10 July 2015.

Following Admission of the Placing Shares, the Company's enlarged issued share capital will consist of 202,073,857 ordinary shares with voting rights. This number may be used by shareholders, following the Placing, 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 contact:

Feedback plc	Tel: [phone]
Simon Barrell / Trevor Brown / Tom Charlton
Sanlam Securities UK (Nominated Adviser and Joint Broker)	Tel: [phone]
Simon Clements / Virginia Bull
Peterhouse Corporate Finance Ltd (Joint Broker)	Tel: [phone]
Lucy Williams / Duncan Vasey

 

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