Issue of Equity

RNS Number : 6490Y

Rightster Group PLC

02 December 2014

 



2 December 2014

Rightster Group plc

("Rightster" or the "Company")

Issue of equity

Application has been made to AIM for the admission of 687,191 new ordinary shares of 0.1 pence each in the Company to trading (the "New Shares"). The New Shares, which will rank pari passu in all respects with the Company's existing shares in issue, have been allotted pursuant to the exercise of options by current and former employees of the Company. Admission of the New Shares is expected to become effective on 3 December 2014.

Following the issue of the New Shares, the total number of ordinary shares of 0.1 pence each ("Ordinary Shares") in the Company with voting rights will be 193,752,558. The Company does not hold any Ordinary Shares in Treasury.

The above figure of 193,752,558 Ordinary Shares 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 to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information visit www.rightster.com or please contact: 

Rightster Group plc	via Newgate Threadneedle
Lorna Smith, Investor Relations
Cenkos Securities plc	Tel: [phone]
Max Hartley/Mark Connelly (Nomad) / Julian Morse (Sales)
Newgate Threadneedle	Tel: [phone]
Tim Thompson/Heather Armstrong

About Rightster Group plc

Founded in May 2011 by CEO Charles Muirhead, with the vision of enabling media businesses and brands to overcome the huge fragmentation in the online video market with a single technology platform for engaging audiences and transacting with optimal efficiency. Rightster's cloud based software and services platform makes it simple for sports, fashion, news, entertainment, music, and viral rights holders, as well as brands and creators, to enhance the value of their video whether on a licenced, ad-funded, direct to consumer or paid placement basis.

Following the acquisitions in July and August 2014, Rightster's network now stands at over 1,950 Content Owners and over 7,500 Publishers. The Group now employs 256 staff in 11 offices across 10 countries.

 

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