Issue of Equity

RNS Number : 9955B

Eagle Eye Solutions Group PLC

10 April 2017

 

Amendment: the following announcement replaces the disclosure made on 07 April 2017 under RNS Number 9498B. The only amendment made is to include disclosure relating to the date on which trading in the new Ordinary Shares is expected to commence. This disclosure had not previously been included.

10 April 2017

Eagle Eye Solutions Group PLC

("Eagle Eye", "Group" or the "Company")

Issue of Equity

Eagle Eye, the SaaS technology company that validates and redeems digital promotions in real-time for the grocery, retail and hospitality industries, announces that it has applied for the admission to trading on AIM of 226,574 new ordinary shares of 1p each in the Company ("Ordinary Shares") following the exercise of certain options over Ordinary Shares. Dealings are expected to commence on 13 April 2017. 

Following the issue of the 226,574 new Ordinary Shares, the total number of Ordinary shares in issue as at the date of this notice is 22,392,554 with each share carrying the right to one vote. There are no shares held in Treasury. The total number of voting rights in the Company is, therefore, 22,392,554.

The above figure of 22,392,554 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules.

For further information, please contact: Eagle Eye
Tim Mason, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer	Tel: [phone]
Investec (Nominated Advisor and Broker)
Dominic Emery/ David Anderson, Corporate Finance	Tel: [phone]
Matt Lewis, Corporate Broking Hudson Sandler
Nick Lyon/Alex Brennan	Tel: [phone]
Information on Eagle Eye   www.eagleeye.com

Eagle Eye is a leading SaaS technology company that securely validates and redeems digital promotions in real-time for the grocery, retail and hospitality industries.

The Company's digital marketing platform, Eagle Eye AIR, enables the secure, real-time, multi-channel issuance, management and redemption of digital promotions and rewards, replacing previously used paper-based methods. Our Eagle Eye platform creates a network effect between merchants, distributors and brands enabling stronger connections and value to all parties. Through our four products we enable brands and merchants to reduce cost, improve their customer offer and accelerate their innovation.

The Company's current customer base comprises leading names in UK grocery, retail and hospitality including Asda, J Sainsbury, Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells & Butlers, Pizza Express, Tesco and Thomas Pink.

 

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