Access Intelligence PLC Issue of Equity (0648K)
December 23 2015 - 8:03AM
UK Regulatory
TIDMACC
RNS Number : 0648K
Access Intelligence PLC
23 December 2015
FOR RELEASE
23 December 2015
ACCESS INTELLIGENCE PLC
("Access Intelligence" or the "Group")
Issue of Equity
Access Intelligence plc (AIM: ACC) a leading supplier of
Software-as-a-Service (SaaS) solutions for reputation and
operational risk management, announces that following the exercise
of warrants by Michael Jackson, the Non-Executive Chairman of the
Group, it has issued 6,808,103 ordinary shares of 0.5 pence at an
exercise price of 2.75 pence per ordinary share.
In addition, following the exercise of options by an
ex-employee, the Group has also issued 2,000,000 ordinary shares of
0.5 pence each in the capital of the Group ("New Ordinary
Shares").
The Group has also been informed that Mr Jackson has purchased
1,425,000 ordinary shares of 0.5 pence each in the capital of the
Group at a price of 3.5 pence per ordinary share.
Following the exercise of warrants and purchase of 1,425,000
ordinary shares, Mr Jackson now holds 29,098,961 ordinary shares
equivalent to 10.16 per cent. of the issued share capital of the
Group.
The Group has made application for the New Ordinary Shares to be
admitted to trading on AIM. It is expected that admission will
become effective on 4 January 2016 ("Admission").
Following the issue of the New Ordinary Shares, and for the
purposes of the Disclosure and Transparency Rules, the Group's
total issued share capital on Admission will consist of 286,268,451
Ordinary Shares.
The above figure 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 Group, under the Disclosure and Transparency Rules.
For further information:
0843 659
Access Intelligence plc 2940
Michael Jackson (Non-Executive
Chairman)
Joanna Arnold (CEO)
Sanlam Securities UK Limited (Nominated 020 7628
Adviser & Broker) 2200
Simon Clements/Virginia Bull
This information is provided by RNS
The company news service from the London Stock Exchange
END
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