mporium Group PLC Result of Fundraising (1470A)

TIDMMPM

RNS Number : 1470A

mporium Group PLC

22 December 2017

22 December 2017

Mporium Group plc

("Mporium" or the "Group")

Result of Fundraising

Further to the announcement made on 20 December 2017 Mporium Group plc (AIM:MPM), the technology firm delivering event-driven marketing, has raised approximately GBP3.2 million through the successful subscription of 53,333,333 new ordinary shares of 0.5p each in the capital of the Company (the "Subscription Shares"), at an issue price of 6 pence per Subscription Share.

The net proceeds of the Fundraising (being approximately GBP3.1 million) will be used to provide working capital and to support the continued momentum of the business.

Application has been made to the London Stock Exchange for the Subscription Shares to be admitted to trading on AIM, with dealings expected to commence on 5 January 2018 ("Admission").

Following Admission, the Company will have a total of 587,886,539 ordinary shares in issue, each carrying one voting right. The Company does not hold any Ordinary Shares in Treasury. Shareholders may use this figure of 587,886,539 Ordinary Shares 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries

 
Mporium:                           020 3841 8411 
 Barry Moat, Executive 
  Chairman 
Nelius De Groot, Chief Executive 
 Officer 
 
N+1 Singer:                        020 7496 3000 
Mark Taylor 
 Michael Taylor 
 Alex Laughton-Scott 
 
Alma PR:                           020 3865 9668 
Rebecca Sanders-Hewett 
 Josh Royston 
Susie Hudson 
 

Notes to editors

About Mporium

Mporium is a technology company at the forefront of the transformation in digital marketing. Mporium's proprietary technology enables advertisers, to identify and monetise micro-moments - those moments when there are significant changes in the levels of consumer intent. Using technologies derived from financial services, these micro-moments are used to drive highly performant digital advertising campaigns: from brand advertising to direct response.

Based in the UK, Mporium Group plc is quoted on AIM, the junior market of the London Stock Exchange plc.

www.mporium.com

This information is provided by RNS

The company news service from the London Stock Exchange

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December 22, 2017 02:00 ET (07:00 GMT)