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Zattikka PLC (ZATT)

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Friday 20 April, 2012

Zattikka PLC

Issue of Equity and Total Voting Rights

RNS Number : 8106B
Zattikka PLC
20 April 2012
 



DEFINED TERMS IN THIS ANNOUNCEMENT SHALL HAVE THE SAME MEANING AS IN THE ADMISSION DOCUMENT

 

20 April 2012

 

Zattikka plc

 

Zattikka plc (AIM: ZATT, "Zattikka" or "the Company"), the social and casual internet games development and publishing business, announces that, following the publication of its Admission Document on 11 April 2012 (the "Admission Document") in accordance with its stated intention in the Admission Document, it has now agreed to acquire the remaining 36 per cent. of the shares in E5 on the terms of the Share Exchange Agreement in consideration for the issue and allotment of 569,541 Ordinary Shares for which application will be made to be admitted to trading on AIM (the "E5 Admission").

 

In addition to the above, application has been made for 320,000 Ordinary Shares to be cancelled from trading on AIM (the "Cancellation"). The shares relating to the Cancellation were not issued or allotted due to certain Directors and employees of the Company not having immediately exercised the Pre-IPO Awards granted to them on Admission on the basis of tax advice received.

 

The issued share capital of the Company will be as follows following the E5 Admission and Cancellation:

 

 

Issued and fully paid

Class

Number

£

 

 

 

Ordinary Shares of 10 pence each

22,218,251

2,221,825

Deferred Shares of 10 pence each

450,000

45,000

 

As a result of the changes to the issued share capital of the Company, the beneficial interests of the following Directors in the share capital of the Company disclosed in the Admission Document are updated as follows:

 

Director

Number of Ordinary Shares

Percentage of issued Share Capital

 

 

 

Harald Ludwig

411,794

1.9%

Mark Opzoomer

358,485

1.6%

Tim Chaney

205,732

0.9%

Rob Gorle

20,600

0.1%

Matthew Le Merle

814,119

3.7%

 

Mr Ludwig's interest, as disclosed in the Admission Document, included 50,000 Ordinary Shares which were expected to be acquired by him on Admission as a Pre-IPO Award.  Mr Ludwig elected not to exercise the option granted to him as a Pre-IPO Award on Admission and, consequently, 50,000 Ordinary Shares have been subtracted from his stated interest in the Admission Document.

 

Mr Opzoomer's interest, as disclosed in the Admission Document, included 75,000 Ordinary Shares which were expected to be acquired by him on Admission as a Pre-IPO Award.  Mr Opzoomer elected not to exercise the option granted to him as a Pre-IPO Award on Admission and, consequently, 75,000 Ordinary Shares have been subtracted from his stated interest in the Admission Document.

 

Mr Chaney's interest, as disclosed in the Admission Document, included 25,000 Ordinary Shares which were expected to be acquired by him on Admission as a Pre-IPO Award.  Mr Chaney elected not to exercise the option granted to him as a Pre-IPO Award on Admission and, consequently, 25,000 Ordinary Shares have been subtracted from his stated interest in the Admission Document.

 

Mr Gorle's interest, as disclosed in the Admission Document, included 50,000 Ordinary Shares which were expected to be acquired by him on Admission as a Pre-IPO Award.  Mr Gorle elected not to exercise the option granted to him as a Pre-IPO Award on Admission and, consequently, 50,000 Ordinary Shares have been subtracted from his stated interest in the Admission Document.

 

Mr Le Merle's interest in Ordinary Shares has not changed.  However, the percentage of the issued share capital represented by the number of Ordinary hares he holds as changed from that disclosed in the Admission Document.

 

As stated in the Admission Document, Mark Opzoomer is interested in 109,844 Ordinary Shares (representing 0.5 per cent. of the issued share capital) in respect of which the Bond Capital Warrants are granted due to his shareholding in Bond Capital. All other interests of Directors in Ordinary Shares remain as stated in the Admission Document.

 

As a result of the changes to the issued share capital of the Company, other than Matthew Le Merle, James Zhang and David Godwin, whose respective stated interests in Ordinary Shares in the Admission Document were adjusted as disclosed in the First Day of Dealings announcement issued by the Company on 16 April, the interests in Ordinary Shares of persons holding voting rights (within the meaning of Rule 5 of the Disclosure and Transparency Rules) in three per cent. or more of the issued ordinary share capital of the Company disclosed in the Admission Document have not changed.  However, as a result of the changes to the issued share capital of the Company, the percentage of the issued share capital represented by such persons' interests is as follows:

 

 

Shareholder

Number of Ordinary Shares

Percentage of issued Share Capital

 

 

 

Legal & General

Investment Management Ltd

4,107,165

18.5%

Cazenove Capital

Management Ltd

2,527,486

11.4%

James Zhang

2,279,239

10.3%

ISIS EP LLP

1,579,679

7.1%

L'Etoile Mysterieuse A.B.

1,088,414

4.9%

Matthew Le Merle

814,119

3.7%

Schroder Investment

Management Ltd

789,840

3.6%

AXA Investment

Managers UK Ltd

695,059

3.1%

 

As a result of an agreement among the selling shareholders of Hattrick Holdings Limited ("Hattrick"), L'Etoile Mysterieuse A.B., a selling shareholder of Hattrick, is now interested in 1,088,414 Ordinary Shares.

 

As a result of the changes to the issued share capital of the Company, the number of Ordinary Shares held by the Directors represents 8.9% of the issued share capital of the Company and the aggregate number of Ordinary Shares held by James Zhang, Scott Chou, David Godwin, Daniel Abrahamsson and Johan Gustaffson represents 14.9% and the number of Ordinary Shares not in public hands represents 53.6% of the issued share capital of the Company.

 

Following the E5 Admission and the Cancellation, the issued share capital of the Company will be 22,218,251 Ordinary Shares. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

 

 

Enquiries:

Zattikka www.zattikka.com


Mark Opzoomer, Chief Executive Officer

+44 (0) 20 7491 6410

Rob Gorle, Chief Financial Officer

 


Canaccord Genuity Limited

 

Nominated Adviser and Broker:

Simon Bridges

Peter Stewart

 

+44 (0) 20  7523 8000

 

Buchanan Communications

 

Jeremy Garcia   

 

 

 

+44 (0) 20  7466 5000



 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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