Loan Facility and Notice of Results

RNS Number : 2336P

Taptica International Ltd

30 August 2017

 

30 August 2017                                                         

Taptica International Ltd

("Taptica" or the "Company")

Loan Facility and Notice of Results

Taptica (AIM: TAP), a global end-to-end mobile advertising platform, announces that, further to the statement on the 7 August 2017, the Company has now finalised the $30 million HSBC loan facility. Accordingly, the Company has fulfilled the $20 million promissory note (representing the deferred portion of the purchase price) and repaid the $10 million Short Term Loan.

Notice of results  

The Company will announce its Interim Results for the six months ended 30 June 2017 on Tuesday 26 September 2017. 

Capitalised terms in this announcement are as defined in the announcement dated 7 August 2017.

For further details:

Taptica Hagai Tal, Chief Executive Officer                                 finnCap (Nomad and Joint Broker) Jonny Franklin Adams, James Thompson Berenberg (Joint Broker) Chris Bowman, Mark Whitmore Luther Pendragon (Financial PR Adviser) Harry Chathli, Claire Norbury

[phone] [phone] [phone] [phone]

About Taptica

Taptica is a global end-to-end mobile advertising platform that helps the world's top brands reach their most valuable users with the widest range of traffic sources available today, including social. Its proprietary technology leverages big data and, combined with state-of-the-art machine learning, enables quality media targeting at scale. Taptica creates a single arena in which brands can scale and engage more relevantly with mobile audiences, staying ahead of the competition. It works with more than 600 advertisers including Amazon, Disney, Facebook, Twitter, OpenTable, Expedia, Lyft and Zynga. Taptica is headquartered in Israel with offices in San Francisco, New York, Boston, Beijing, Seoul and London. Taptica is traded on the London Stock Exchange (AIM: TAP).

 

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