REG - Sopheon PLC - Issue of Equity

SopheonAnnouncement

02/09/2022 10:15

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RNS Number : 1055Y  Sopheon PLC  02 September 2022

 For immediate release

 
SOPHEON PLC

("Sopheon" or the "Company")

 

Issue of Equity

 

Sopheon, the international provider of software and services for Enterprise
Innovation Management solutions, announces that, following the exercise of
options by a former employee, it has allotted 4,250 new Ordinary Shares of 20
pence each in the Company ("Ordinary Shares") which have been purchased by the
Company's Employee Benefit Trust.

 

Application will be made for the new Ordinary Shares to be admitted to trading
on AIM and dealings are expected to commence on 7 September 2022.

 

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 10,624,354. The Company does not hold any shares in
treasury. Accordingly, the figure of 10,624,354 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)              Sopheon plc  + 44 (0) 1276 919 560

Arif Karimjee (CFO)
 Carl Holmes/Edward Whiley (Corporate Finance)  finnCap      + 44 (0) 20 7220 0500

 Alice Lane (ECM)

 

About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete
Enterprise Innovation Management
(https://www.sopheon.com/?utm_source=PressRelease&utm_medium=Press&utm_campaign=PR-Gen)
solutions, including software, expertise, and best practices, that enable them
to achieve exceptional long-term revenue growth and profitability. Sopheon's
Accolade solution provides unique, fully-integrated coverage for the entire
innovation management and new product development lifecycle, including
strategic innovation planning, roadmapping, idea and concept development,
process and project management, portfolio management, and resource planning.
Sopheon's solutions have been implemented by over 250 customers with over
60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the
London Stock Exchange. For more information, please visit www.sopheon.com
(http://www.sopheon.com) .

 

 

 

 

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