IQGeo Group PLC Block Admission Application

RNS Number : 5365B

IQGeo Group PLC

31 January 2024

 

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                                                                                                 [phone]

Richard Petti

Haywood Chapman

 

Cavendish Capital Markets Limited                                                                 [phone]

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

 

 

 

 

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