Issue of Equity

RNS Number : 8602J

Rightster Group PLC

10 April 2015

 

10 April 2015

Rightster Group plc

("Rightster" or the "Company")

Issue of equity

Rightster Group plc (LSE AIM: RSTR), the cloud-based global video distribution and monetisation network, today provides an update on the issue of equity.

An application has been made for 233,698 new ordinary shares of 0.1 pence each in the Company (the "New Shares") to be admitted to trading on AIM. The New Shares, which will rank pari passu in all respects with the Company's existing ordinary shares in issue, have been allotted pursuant to the exercise of options by employees of the Company. Admission of the New Shares is expected to become effective on 14 April 2015.

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 194,480,603. The Company does not hold any Ordinary Shares in Treasury.

The above figure of 194,480,603 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
Patrick Walker, CEO
Niall Dore, CFO
Cenkos Securities plc	Tel: [phone]
Max Hartley/Mark Connelly (Nomad) / Julian Morse (Sales)
Newgate	Tel: [phone]
Tim Thompson/ Robyn McConnachie

About Rightster Group plc

Founded in 2011, Rightster is already the number one global multi-platform network for online video. Rightster's cloud-based software and services platform makes it simple for Content Owners and Creators, Publishers and Aggregators and Brands and Media Agencies to unlock the value of video, whether on a licenced, ad-funded, direct to consumer or paid placement basis. Rightster's network stands at over 1,950 Content Owners and over 7,500 Publishers. The Group now employs 229 staff in 11 offices across 10 countries.

 

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