Issue of Equity

RNS Number : 1198T

Amino Technologies PLC

24 March 2016

 

24 March 2016

Amino Technologies plc

("Amino" or "the Company")

Issue of Equity

Amino Technologies plc (LSE: AMO), the Cambridge-based leader in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, announces that it has allotted 284,481 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") to the vendors of Booxmedia Oy ("Booxmedia"), the acquisition of which was announced on 20 May 2015, as deferred consideration, pursuant to Booxmedia meeting certain financial performance conditions during the financial year ended 31 December 2015.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on 31 March 2016.

The total number of Ordinary Shares in issue following Admission will be 74,692,224 (of which 4,139,898 shares are held in treasury) therefore the number of Ordinary Shares carrying voting rights will be 70,552,326.

Shareholders should use the figure of 70,552,326 Ordinary Shares in the Company, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Amino Technologies PLC	[phone]
Donald McGarva, Chief Executive Officer Julian Sanders, Interim Chief Financial Officer
finnCap Ltd (NOMAD and Joint Broker)	[phone]
Stuart Andrews / Matt Goode / Carl Homes (Corporate Finance) Canaccord Genuity Limited (Joint Broker and Financial Adviser) Simon Bridges / James Craven / Emma Gabriel	[phone]
FTI Consulting LLP	[phone]
Chris Lane / Alex Le May / Darius Alexander

About Amino Technologies plc

Amino Technologies plc specialises in the development and delivery of IPTV/OTT solutions. With over seven million devices sold to 1,000 customers in 100 countries, Amino's award-winning solutions are deployed by major network operators and service providers worldwide. Amino Technologies plc is headquartered near Cambridge, in the UK, and is listed on the AIM market of the London Stock Exchange (AIM: symbol AMO).

 

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