Exercise of Options

RNS Number : 3088V

Marimedia Ltd

27 October 2014

 

27 October 2014

Marimedia Ltd.

("Marimedia" or "the Company")

Exercise of Options

Marimedia Ltd. (AIM: MARI), announces that it has issued 160,000 new ordinary shares of NIS 0.01 each ("Ordinary Shares") following the exercise of share options, by employees, under the Company's Global Share Incentive Plan.

Application has been made to the London Stock Exchange for the 160,000 Ordinary Shares issued pursuant to the option exercise to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8:00 a.m. on 3 November 2014. The Ordinary Shares shall rank pari passu with the existing ordinary shares in the Company.

Following Admission, the Company's enlarged issued share capital and total number of voting rights will be 64,722,881 Ordinary Shares. There are no shares held in treasury.

For further details:

Marimedia Ltd. Hagai Tal, Chief Executive Officer                                            N+1 Singer - Nomad and Broker Jonny Franklin-Adams, Jen Boorer                                          Luther Pendragon Harry Chathli, Claire Norbury, Oli Hibberd	Tel: [phone] Tel: [phone] Tel: [phone]

 

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