Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Additional Listing, Director Dealing and TVR

TAP, CNA

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
 
END
 
 
MSCFBMLTMBBTBPF


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today