For Immediate Release June 9, 2010
Velti Plc
("Velti" or the "Company")
DIRECTOR DEALINGS
Dublin, Ireland - Velti (LSE:VEL), a leading global provider of mobile marketing and advertising technology, announces that it has been notified that on June 7, 2010, David C. Hobley, Non-Executive Director, sold 10,000 ordinary shares of 5p each in the Company, at a price of £4.59 per ordinary share. In a separate transaction on the same day Mr. Hobley's Self Invested Pension Plan, in which he is the sole beneficiary, purchased 10,000 ordinary shares of the Company at a price of £4.59 per ordinary share.
Following this transaction, Mr. Hobley's beneficial ownership in the Company remains unchanged at 89,851 ordinary shares, representing less than 1% of the Company's issued ordinary share capital.
For further information, please contact:
Bankside Consultants Simon Bloomfield simon.bloomfield@bankside.com +44 (0) 207 367 8861
The Blueshirt Group Mike Bishop +1 (415) 217 4968
RBC Capital Markets (NOMAD and Broker) Joshua Critchley Matthew Coakes Brett Jacobs +44 (0) 207 653 4000 |
Velti plc Alex Moukas Chief Executive Officer +1 (415) 315 3400
Wilson Cheung Chief Financial Officer +1 (415) 315 3480
Nick Miles PR Manager nmiles@velti.com +44 (0) 207 633 5034 |
About Velti
Velti is a provider of mobile marketing and advertising solutions that enable brands, advertising agencies, mobile operators and media to implement campaigns by communicating with and engaging consumers via their mobile devices. Velti is a publicly-held corporation based in Jersey and trades on the London Stock Exchange's AIM under the symbol VEL.