Issue of Equity

RNS Number : 8203J

Synchronica PLC

07 April 2010

 



Synchronica plc

('Synchronica' or 'the Company')

Issue of Equity

The Company would like to correct the announcement released yesterday, 6 April 2010. The Company now confirms that it is required to allot and issue only 8,510,204 ordinary shares of 1 pence each ("the Deferred Consideration Shares") and not 17,020,408 ordinary shares of 1 pence each as final payment. The shares are expected to be admitted to trading on AIM on 8 April 2010.

Consequently, following the allotment of the Deferred Consideration Shares above and the shares to be issued in connection with the Colibria acquisition and the associated placing, should the resolutions to be put to the General Meeting convened for 19 April 2010 be passed, the total voting rights will be 911,690,321.

Enquiries:

Synchronica plc www.synchronica.com	Carsten Brinkschulte, CEO Angus Dent, CFO, Nicole Meissner, COO,	[phone] [phone] [phone]
FinnCap	Clive Carver , Nomad	[phone]
	Charlotte Stranner, Corporate Finance	[phone]
	Stephen Norcross, Corporate Broker	[phone]
Walbrook PR Ltd	Paul McManus	[phone] [phone] [e-mail]

About Synchronica

Synchronica plc is a leading developer of next-generation mobile messaging solutions based on open industry standards. The award-winning product portfolio includes the flagship product Mobile Gateway, providing push email, synchronization, instant messaging, backup & restore and mobile connectivity to social networks. Synchronica's products are white-labeled and offered by mobile operators in emerging and developed markets to provide mass-market messaging services, increasing data revenues and reducing churn.

Synchronica's Mobile Gateway provides a unique multi-protocol gateway combining Push IMAP, SyncML, ActiveSync, Email-to-MMS and Email-to-SMS, delivering push email and synchronization to literally any mobile phone currently in the market without requiring an additional client to be downloaded. Expanding Instant Messaging to mobile devices, Mobile Gateway establishes carrier-branded IM communities using the industry-standard XMPP and provides gateways to popular Internet IM communities connecting any IMPS enabled handset.

Headquartered in England, Synchronica also maintains a development centre in Germany, in addition to a regional presence in the USA, Hong Kong and Dubai. Synchronica plc is a public company traded on the AIM list of the London Stock Exchange (SYNC.L). For further information please visit www.synchronica.com.

 

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