IQGeo Group
plc
("the
"Company" or the "Group")
Block Admission
Application
IQGeo Group plc (AIM: IQG), a leading
developer of geospatial productivity and collaboration software for
telecoms and utility network operators,
announces that application has been
made to the London Stock Exchange for a block admission of
1,000,000 ordinary shares of 2 pence each ("Ordinary Shares") to be
admitted to trading on AIM ("Block Admission").
The Block Admission relates to
Ordinary Shares that will be issued from time to time in accordance
with the exercise of options under the IQGeo Group plc 2020 Share
Option Plan, under which both EMI and unapproved options can be
granted. All Ordinary Shares issued pursuant to the Block Admission
will rank pari
passu with the existing Ordinary Shares.
It is expected that the Block
Admission will become effective on or around 5 February
2024.
There is no change to the Group's
issued share capital as a result of the Block Admission and,
following the Block Admission becoming effective the Group will
continue to have 61,691,490 Ordinary Shares in issue. There are no
shares held in treasury and thus the total number of voting rights
in the Group is 61,691,490. The Company has no other block
listings.
Total
voting rights
The Company intends to notify on a
monthly basis when there are changes to the issued share capital of
the Company, and these monthly figures may be used by shareholders
as the denominator for the calculation by which they will determine
if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company, under the
FCA's Disclosure Guidance and Transparency Rules.
CONTACTS
For further information
contact:
IQGeo
Group
plc
+44 1223 606 655
Richard Petti
Haywood Chapman
Cavendish Capital Markets
Limited
+44 20 7220 0500
Henrik Persson, Seamus Fricker
(Corporate Finance)
Tim Redfern (ECM)
About IQGeo Group
plc
Telecommunications and utility
operators are "Building better networks" with IQGeo's award-winning
software solutions. The ability to powerfully model any network
requirement, integrate every system and data source, and support
field and office teams with continual innovation is helping
operators create the networks of the future. Our solutions ensure
greater cross-team collaboration and process efficiency throughout
the network lifecycle, from planning and design to construction,
operations, and sales.
Whether it's highly competitive fiber
and 5G broadband rollouts or complex utility grid modernization
projects, IQGeo's enterprise solutions, our OSPInsight fiber design
software, and our Comsof automated planning software are proven
industry leaders. We partner with large multinationals and smaller
regional operators to deliver the digital innovation they need to
increase network resilience, operational safety, and business
ROI.
Headquartered in Cambridge, with
offices in Denver, Ghent, Toronto, Frankfurt and Tokyo, we work
with some of the largest network infrastructure operators in the
world. For more information visit: www.iqgeo.com/
IQGeo trades on AIM with the ticker
IQG.
For additional information please
visit www.iqgeo.com