RNS Number : 8873B
Taptica International Ltd
22 June 2016
22 June 2016
Taptica International Ltd
("Taptica" or the "Company")
Additional Listing, Director Dealing and Total Voting Rights
Taptica (AIM: TAP), a global end-to-end mobile advertising platform, announces that, on 31 May
2016, it approved the issue and allotment of 7,913 ordinary shares of NIS 0.01 each in the Company ("New Ordinary Shares") to
Ronni Zehavi, a Non-Executive Director of the Company. The New Ordinary Shares were issued at £0.79 per share and were issued to
satisfy Ronni Zehavi's pre-approved director fees for the three months ended 20 April 2016.
Ronni Zehavi's resultant shareholding is as follows:
No. of New Ordinary Shares Issued
|
Resultant Holding (No. of Ordinary Shares)
|
% of Issued Share Capital*
|
7,913
|
25,442
|
0.04%
|
* Calculated based on an issued share capital of 60,438,363 Ordinary Shares as set out
below.
Application has been made for the 7,913 New Ordinary Shares to be admitted to trading on AIM
("Admission") and it is expected that Admission will take place on, or shortly after, 27 June 2016. The New Ordinary Shares will
rank pari passu with the Company's existing issued ordinary shares.
Total Voting Rights
Following Admission, the total issued share capital of the Company will increase to 62,526,700
Ordinary Shares each with one vote and six million shares reclassified as
dormant shares under the Israeli Companies Law (without any rights attached thereon) ("Dormant Shares").
As announced on 20 June 2016, the Board of Taptica resolved to exercise its option to finalise the
acquisition of AreaOne Ltd. ("AreaOne") in cash consideration, which includes purchasing 2,088,337 ordinary shares of the Company
that had been issued to the shareholders of AreaOne and held in escrow ("Escrow Shares") in the name of ESOP Management &
Trust Services Ltd. The acquisition of the Escrow Shares will take place on 30 June 2016 and the purchased shares will be
reclassified as Dormant Shares.
Following Admission and the purchase of the Escrow Shares, the Company's issued share capital will
consist of 60,438,363 Ordinary Shares each with one vote and 8,088,337 shares reclassified as Dormant Shares. Therefore the
total number of shares with voting rights will be 60,438,363. This figure represents the total voting rights in the Company and
may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify
their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and
Transparency Rules.
For further details:
Taptica
Hagai Tal, Chief Executive
Officer
Investec Bank
Dominic Emery, Henry Reast, Junya Iwamoto
Luther Pendragon
Harry Chathli, Claire
Norbury
|
+972 3 545 3900
+44 207 597 5970
+44 207 618 9100
|
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 450 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 and Seoul. Taptica is traded
on the London Stock Exchange (AIM: TAP).
This information is provided by RNS
The company news service from the London Stock Exchange
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