Bidstack Group PLC Exercise of Options, Issue of Equity & TVR (9691I)

TIDMBIDS

RNS Number : 9691I

Bidstack Group PLC

08 December 2022

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

8 December 2022

Bidstack Group Plc

("Bidstack" or the "Company")

Exercise of 1,500,000 Share Options, Issue of Equity and Total Voting Rights

Bidstack Group plc (AIM: BIDS.L), the native in-game advertising group, hereby announces that the Company has received subscription notices exercising 1,500,000 options to subscribe for new ordinary shares in the Company at a subscription price of 2 pence per share ("New Shares").

Application will be made for the admission of the 1,500,000 New Shares to trading on AIM and it is expected that dealings in the New Shares will commence on or around 13 December 2022. On admission the New Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Total Voting Rights

Following admission of the New Shares, the total issued share capital of the Company will consist of 1,300,855,984 ordinary shares. As such the total number of voting rights in the Company will be 1,300,855,984 ordinary shares. This number 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.

- Ends -

Contacts:

 
  Bidstack Group Plc 
   James Draper, CEO                               via Buchanan 
  SPARK Advisory Partners Limited (Nomad)        [phone] 
   Mark Brady / Neil Baldwin / James Keeshan      3550 
 
  Stifel Nicolaus Europe Limited (Broker)          [phone] 
   Fred Walsh / Tom Marsh                          7600 
  Buchanan Communications Limited 
   Chris Lane / Stephanie Watson / Kim van 
   Beeck                                           [phone] 
   [e-mail]                        5000 
 

Notes to editors

About Bidstack

Bidstack is an advertising technology company which provides dynamic, targeted and automated native in-game advertising for the global video games industry across multiple platforms. Its proprietary technology is capable of inserting advertisements within video games. Bidstack's customers are games publishers and developers (on the supply side), and advertising agencies, brands and media-buying platforms (on the demand side).

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December 08, 2022 02:00 ET (07:00 GMT)