REG - Bidstack Group PLC - Exercise of Options, Issue of Equity & TVR

BidstackAnnouncement

08/12/2022 07:01

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RNS Number : 9691I  Bidstack Group PLC  08 December 2022

Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this Announcement, this information is now considered to be in
the public domain.

8 December 2022

 

Bidstack Group Plc

("Bidstack" or the "Company")

 

Exercise of 1,500,000 Share Options, Issue of Equity and Total Voting Rights

Bidstack Group plc (AIM: BIDS.L), the native in-game advertising group, hereby
announces that the Company has received subscription notices exercising
1,500,000 options to subscribe for new ordinary shares in the Company at a
subscription price of 2 pence per share ("New Shares").

Application will be made for the admission of the 1,500,000 New Shares to
trading on AIM and it is expected that dealings in the New Shares will
commence on or around 13 December 2022.  On admission the New Shares will
rank pari passu in all respects with the Company's existing ordinary shares.

Total Voting Rights

Following admission of the New Shares, the total issued share capital of the
Company will consist of 1,300,855,984 ordinary shares.  As such the total
number of voting rights in the Company will be 1,300,855,984 ordinary shares.
 This number 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 and Transparency Rules.

- Ends -

Contacts:

 Bidstack Group Plc

 James Draper, CEO                                            via Buchanan
 SPARK Advisory Partners Limited (Nomad)                      +44 (0) 203 368 3550

 Mark Brady / Neil Baldwin / James Keeshan
 Stifel Nicolaus Europe Limited (Broker)

 Fred Walsh / Tom Marsh                                       +44 (0) 20 7710 7600

 Buchanan Communications Limited

 Chris Lane / Stephanie Watson / Kim van Beeck                +44 (0) 20 7466 5000

 bidstack@buchanan.uk.com (mailto:bidstack@buchanan.uk.com)

Notes to editors

About Bidstack

 

Bidstack is an advertising technology company which provides dynamic, targeted
and automated native in-game advertising for the global video games industry
across multiple platforms. Its proprietary technology is capable of inserting
advertisements within video games.  Bidstack's customers are games publishers
and developers (on the supply side), and advertising agencies, brands and
media-buying platforms (on the demand side).

 

 

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