SCISYS PLC Issue of Equity (8235Q)

TIDMSSY

RNS Number : 8235Q

SCISYS PLC

15 September 2017

SCISYS PLC

(AIM: SSY)

Issue of Equity

SCISYS PLC ("SCISYS"), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, announces that further to the announcement on 09 August 2017, SCISYS has issued 226,583 ordinary shares of 25p each in the capital of SCISYS ("Ordinary Shares") to the sellers of ANNOVA Systems GmbH.

Application has been made to the London Stock Exchange for the 226,583 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 20 September 2017.

Following Admission, the total number of voting rights in the Company is 29,220,255 (excluding the 92,403 Ordinary Shares held in treasury). This figure 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, SCISYS under the FCA's Disclosure and Transparency Rules.

For further information please contact:

 
                                         [phone] 
 SCISYS PLC                               466 
--------------------------------------  --------------------------- 
 Mike Love           Chairman 
------------------  ------------------  --------------------------- 
 Klaus Heidrich      Chief Executive 
                      Officer 
------------------  ------------------  --------------------------- 
 Chris Cheetham      Finance Director 
------------------  ------------------  --------------------------- 
 finnCap (NOMAD                          [phone] 
  & Broker)                               0500 
--------------------------------------  --------------------------- 
 Julian Blunt        Corporate 
                      Finance 
------------------  ------------------  --------------------------- 
 Mia Gardner         Corporate 
                      Broking 
------------------  ------------------  --------------------------- 
 WalbrookPR                              [phone] 
  Tom Cooper/Paul                         8780 
  Vann                                    [phone] 
                                          1972 
                                          [e-mail] 
--------------------------------------  --------------------------- 
 

About SCISYS:

Employing around 500 staff, SCISYS group is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom and advanced technology solutions. The Company operates in a broad spectrum of market sectors, including Media & Broadcast, Space, Government & Defence and Commerce. SCISYS clients are predominantly blue-chip and public-sector organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, EUMETSAT, the BBC, RNLI, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester, Reading and London, and German offices in Bochum, Darmstadt, Dortmund and Munich. More information is available at www.scisys.co.uk.

ANNOVA (www.annova.tv), based in Munich with roots going back to 1989, is a leading supplier of newsroom editorial solutions in the media sector. It has a robust business model based on its mature OpenMedia software solution. OpenMedia provides next-generation newsroom system functionality, enabling story-centric workflows for news to be created for distribution on any medium. OpenMedia software licence sales are complemented by the sale of professional and consultancy services.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 15, 2017 02:00 ET (06:00 GMT)