IDOX PLC Issue of Equity (3483Q)

TIDMIDOX

RNS Number : 3483Q

IDOX PLC

28 June 2022

Idox plc

("Idox", "the Company" or "the Group")

Allotment of Shares

Idox plc (AIM: IDOX) a leading supplier of specialist information management software and solutions to the public and asset-intensive sectors, announces that it has issued 814,332 new ordinary shares of 1 pence each in the Company ("Earn Out Shares") as part payment of the earn-out consideration in respect of its acquisition of Aligned Assets Limited, as announced on 7 June 2021 ("Acquisition"). The earn-out was based on achieving certain gross revenue targets during the 12-month period following the Acquisition. Further earn out consideration may become payable.

Applications have been made for the 814,332 Earn Out Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on or around 30 June 2022 .

The total number of ordinary shares in issue following Admission will be 451,861,436. The Company holds 1,426,219 ordinary shares in treasury. Therefore, the total number of ordinary shares with voting rights in the Company will be 450,435,217.

The above figure of 450,435,217 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.

For further information please contact:

   Idox plc                                                              +44 (0) 870 333 7101

Chris Stone, Non-Executive Chairman

David Meaden, Chief Executive

Anoop Kang, Chief Financial Officer

Peel Hunt LLP (NOMAD and Broker) +44 (0) 20 7418 8900

Edward Knight

Paul Gillam

James Smith

   MHP Communications                                     + 44 (0) 203 128 8404 
   Reg Hoare                                                         idox@mhpc.com

Matthew Taylor

About Idox plc

For more information see www.idoxplc.com , @Idoxgroup

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOESEDFIWEESESM

(END) Dow Jones Newswires

June 28, 2022 02:00 ET (06:00 GMT)

IDOX (AQSE:IDOX.GB)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024