Blinkx Plc Issue of Equity (4958J)

TIDMBLNX

RNS Number : 4958J

Blinkx Plc

18 December 2015

BLINKX PLC

ISSUE OF EQUITY

London, England and San Francisco, CA. - 18 December 2015 - Further to the announcements on 3 December 2013 and 12 December 2013, regarding the acquisition of Rhythm NewMedia, Inc. by blinkx plc ("blinkx" or the "Company"), blinkx announces that it has issued and allotted 512,877 new ordinary shares of 1 pence each in the Company. This issuance reflects a share price of 211 pence per share in respect of the final release of escrow following the acquisition.

Application has been made for these new ordinary shares to be admitted to trading on AIM. The new ordinary shares will rank pari passu in all respects with the Company's existing issued shares. Admission of the above shares is expected to occur on or around 24 December 2015.

For further information please contact:

 
 Analyst and Investor Contact   Financial Media Contacts 
  Dan Slivjanovski               Edward Bridges/Charles 
  blinkx plc                     Palmer 
                                 FTI Consulting LLP 
                                 (UK) 020 3727 1000 
 NOMAD and Joint Broker         Joint Broker for blinkx 
  for blinkx plc                 plc 
  Charles Lytle/Christopher      Lorna Tilbian/Mark Lander/Nick 
  Wren                           Westlake 
  Citigroup Global Markets       Numis Securities Limited 
  Limited                        (UK) 020 7260 1000 
  (UK) 020 7986 9756 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 18, 2015 02:00 ET (07:00 GMT)