Holding(s) in Company

RNS Number : 2120L

Crossrider plc

08 January 2016

 

Crossrider plc

("Crossrider," the "Company" or the "Group")

 

 

Holdings in Company

Crossrider (AIM:CROS) the creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data, announces that as a result of the repurchase of 1,250,000 ordinary shares of US$0.0001 each ("Ordinary Shares") by the Company, and the transfer of those shares into treasury, Unikmind Holdings Limited's ("Unikmind") total holding of 103,500,002 Ordinary Shares now represents 73.38 per cent. of the total number of Ordinary Shares in issue (excluding treasury shares). The entire shareholding of Unikmind is held by a trust, the sole beneficiary of which is Teddy Sagi.

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For more information contact

Crossrider plc Koby Menachemi, Chief Executive Officer Mark Carlisle, Chief Financial Officer c/o Bell Pottinger	[phone]
Shore Capital Bidhi Bhoma Toby Gibbs Jamie Cameron	[phone]
Bell Pottinger David Rydell James Newman Sam Cartwright	[phone]

About Crossrider

Crossrider is a creator of digital advertising platforms specialising in monetising web and mobile media through the use of big data. The Company's web and mobile platforms power ad networks, agencies and direct publishers and enable the delivery of relevant digital advertising through the analysis of big data: making online marketing significantly more efficient and cost effective.

The Group operates web and mobile platforms which generate big data, enabling the development of a proprietary ad serving algorithm and engine that can extract value from this data to deliver relevant advertising to targeted users.

Crossrider's vision is to become the de facto standard platform for delivering relevant web and mobile adverts to billions of people, powering the next generation of digital advertising.

www.crossrider.com 

 

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