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GAME Digital PLC (GMD)

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Friday 12 July, 2019

GAME Digital PLC

Issue of Equity

RNS Number : 3064F
GAME Digital PLC
12 July 2019
 

12 July 2019

GAME DIGITAL PLC

ISSUE OF EQUITY TO SATISFY EXERCISE OF OPTIONS FOLLOWING VESTING UNDER THE GAME DIGITAL PLC PERFORMANCE SHARE PLAN

GAME Digital plc ("GAME Digital", the "Company" or the "Group") today announces that an application has been made for 3,707,982 ordinary shares of 1p each in the capital of the Company (the "New Ordinary Shares") to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's main market for listed securities, with admission expected to occur on 15 July 2019.  This is to satisfy the exercises of nil cost share options under the Game Digital plc Performance Share Plan, following the recent vesting as a result of the mandatory offer for the Company by Sports Direct International plc having been declared unconditional in all respects on 9 July 2019.

The New Ordinary Shares will rank pari passu with the existing ordinary shares of 1p each in the capital of the Company.

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules Sourcebook ("DTRs"), the issued ordinary share capital of the Company following Admission on 15 July 2019 will consist of 176,646,090 ordinary shares of 1p each. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company under the DTRs.

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Enquiries:

GAME Digital plc

+44 (0) 1256 784 000

 

 

Citigate Dewe Rogerson

 

Jos Bieneman

+44 (0) 207 638 9571

Nick Hayns

Michael Russell

 

 

About GAME Digital plc

Listed on the London Stock Exchange in June 2014, GAME Digital plc is dedicated to delivering an authoritative range of specialist gaming products and services to the gaming communities of the UK and Spain, providing more ways for gamers to enjoy more games and unique gaming experiences, more often. GAME's UK and Spanish retail businesses are the market leaders in those geographical areas, operating a total of over 570 stores across the two territories, a fully integrated omni-channel offer. Through its Esports & Events activities the Group is delivering unparalleled consumer gaming experiences directly, and on behalf of third parties, including its flagship event, Insomnia, the UK's largest gaming festival.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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