Issue of Equity

Sopheon PLC

04 December 2023

 

For immediate release

 

SOPHEON PLC

("Sopheon" or the "Company")

Issue of Equity

Sopheon, the InnovationOps software company, announces that following the exercise of options by several employees it has allotted 45,094 new Ordinary Shares of 20 pence each in the Company ("Ordinary Shares"). These options were due to expire if not exercised by 4 December 2023.

Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 7 December 2023.

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. The total number of Ordinary Shares in issue following Admission will be 10,693,079. The Company does not hold any shares in treasury. Accordingly, the figure of 10,693,079 may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information contact:

Andy Michuda (Executive Chairman) Arif Karimjee (CFO)	Sopheon plc	+ 44 (0) 1276 919 560
Carl Holmes/Abigail Kelly / George Dollemore (Corporate Finance) / Sunila de Silva (ECM)	Cavendish Capital Markets Ltd	+ 44 (0) 20 7220 0500

 

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