appScatter Group PLC Issue of Equity (1096E)

TIDMAPPS

RNS Number : 1096E

appScatter Group PLC

16 October 2018

16 October 2018

appScatter Group plc

("appScatter" or the "Company")

Issue of equity

appScatter Group plc (AIM: APPS), the intelligent app management platform, is pleased to announce that the Company has raised GBP968,445 before costs via the placing of 1,383,493 new ordinary shares in the Company ("Ordinary Shares") at an issue price of 70 pence per share.

Application will be made for the new Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Dealings in the new Ordinary Shares are expected to commence at 8.00 a.m. on 22 October 2018.

Total Voting Rights

On Admission, the Company will have 89,349,491 ordinary shares of 5 pence each in issue. No ordinary shares are held in treasury. The figure of 89,349,491 may be used by the Company's shareholders as the denominator in 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For enquiries, please contact:

 
appScatter Group plc                                        Tel: [phone] 
 Philip Marcella, Chief Executive Officer                         www.appscatter.com 
Smith & Williamson Corporate Finance Limited                Tel: [phone] 
 Nominated Adviser and Joint Broker                       www.smithandwilliamson.com 
 Azhic Basirov / Ben Jeynes / David Jones 
Stifel                                                      Tel: [phone] 
 Joint Broker                                                         www.stifel.com 
 Alex Price / Ben Maddison 
IFC Advisory Limited                                        Tel: [phone] 
 PR/IR                                                         www.ifcadvisory.co.uk 
 Graham Herring / Heather Armstrong / Florence Chandler 
 

About appScatter Group plc

appScatter is a scalable B2B mobile app management platform with its own data intelligence stack. We track and collect daily data from 1.3 billion unique app URLs across 252 territories. In addition, we have daily audience data on 3.5 billion mobile devices covering 900,000 apps.

The Groups app management platforms has 3 core focus areas:

 
 1.   Mobile Asset Management: The ability to manage the distribution 
       of apps across multiple app stores with full reporting on downloads, 
       sales, in-app-purchasing and advertising revenues. Users can 
       access other tools including App Store Optimisation and keyword 
       optimisation. 
 2.   Data Intelligence: Quantitative and qualitative insights on 
       the performance of more than 4 million apps. Including Daily 
       Active Users (DAU), Monthly Active Users (MAU), Average Revenue 
       per Daily Active User (ARPDAU), retention rates, downloads, 
       store revenue, top chart ranks, keyword ranks. We track top 
       performers, top growers, keywords, ranks, version updates, 
       and niche markets. 
 3.   Security & Regulatory Compliance: Identifies if EU General 
       Data Protection Regulation ("GDPR") regulations have been implemented 
       and are being adhered to. Clients can check for data breaches 
       and identify where apps could allow unauthorised access to 
       private data. 
 

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October 16, 2018 02:00 ET (06:00 GMT)