Allotment of Shares

RNS Number : 9248H

Digital Barriers plc

23 August 2016

 

23 August 2016

Digital Barriers plc

("Digital Barriers" or the "Group")

Allotment of shares

Digital Barriers (AIM: DGB) the specialist provider of visually intelligent technologies to the global surveillance, security and safety markets, announces that it has today approved the issue of 23,785 ordinary shares of 1p each ("Ordinary Shares") (the "New Ordinary Shares"). The New Ordinary shares are issued to an individual within the Group in respect of a bonus payable to him for the year ended 31 March 2016.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 30 August 2016.  

Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will increase to 165,130,024. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 165,130,024 Ordinary Shares with voting rights attached (one vote per Ordinary Share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Digital Barriers under the DTRs.

For further information please contact:
Digital Barriers plc	[phone]
Zak Doffman, Chief Executive Officer
Sharon Cooper, Chief Financial Officer
Investec Investment Banking	[phone]
Andrew Pinder / Dominic Emery
FTI Consulting LLP	[phone]
Edward Bridges / Matt Dixon

About Digital Barriers:

Digital Barriers provides visually intelligent solutions to the global surveillance, security and safety markets. We deliver zero-latency streaming and analysis of secure video and related intelligence over wireless networks, including cellular, satellite, IP mesh and cloud, utilising significantly less bandwidth than standard technologies.

Our rapidly-installed fixed and mobile solutions for covert, remote and wide-area deployments, as well as vehicle and body-worn applications, have been sold into more than fifty countries, and have been proven in some of the world's most demanding operational environments. We also provide advanced video content analysis and body scanning to identify safety concerns and threats in real-time.

www.digitalbarriers.com

 

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