Result of General Meeting and Share Consolidation

RNS Number : 0676I

Location Sciences Group PLC

21 November 2018

 

21 November 2018

Location Sciences Group PLC

("Location Sciences" or the "Company")

Result of General Meeting and Share Consolidation

Location Sciences Group PLC (AIM: LSAI), the leading mobile location data and intelligence expert, announces that all resolutions were duly passed at the General Meeting held earlier today. As a result, the Company will proceed with the Share Consolidation whereby the Company will consolidate every 100 Existing Ordinary Shares of 0.01 pence each into one New Ordinary Share of one pence each.

Application has been made to the London Stock Exchange for the admission of the New Ordinary Shares to trading on AIM. Further to the Company's announcement on 19 November 2018 regarding the timetable of the Share Consolidation, the Company confirms that the updated timetable of principal events will be as follows:

	2018
Record Date	6.00 p.m. on 22 November
New Ordinary Shares admitted to trading on AIM and CREST accounts credited with New Ordinary Shares	8.00 a.m. on 23 November
Definitive share certificates in respect of New Ordinary Shares despatched	by 4 December

From 8.00 a.m. on 23 November 2018, the New Ordinary Shares will trade under the SEDOL code - BGT36S1 and the ISIN Code - GB00BGT36S19.

Save as defined herein, capitalised terms have the same meaning as the Circular published on 2 November 2018, a copy of which is available on the Company's website, https://www.locationsciences.ai/.

Enquiries:
Location Sciences Group PLC	Via Newgate Communications
Mark Slade, Chief Executive Officer
David Rae, Chief Financial Officer
Stockdale Securities Limited	Tel: [phone]
Tom Griffiths
Ed Thomas
Newgate Communications	Tel: [phone]
Bob Huxford
Fiona Norman

About Location Sciences Group PLC:

Location Sciences helps companies connect the online world with the offline world using mobile location technology data. We combine cutting-edge mobile location data collection with proprietary machine learning analytics to create new value and insights from location information.

Location Sciences is media-agnostic and works with a variety of media, advertising and technology partners - plus the world's biggest brands. Our technology is well positioned to fulfil the need for greater accuracy and accountability in a growing market that is increasingly looking for superior data and verification.

 

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