Sopheon PLC Issue of Equity (5925V)

TIDMSPE

RNS Number : 5925V

Sopheon PLC

04 December 2023

 
 For immediate release 
 

SOPHEON PLC

("Sopheon" or the "Company")

Issue of Equity

Sopheon, the InnovationOps software company , announces that following the exercise of options by several employees it has allotted 45,094 new Ordinary Shares of 20 pence each in the Company ("Ordinary Shares"). These options were due to expire if not exercised by 4 December 2023.

Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 7 December 2023.

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. The total number of Ordinary Shares in issue following Admission will be 10,693,079. The Company does not hold any shares in treasury. Accordingly, the figure of 10,693,079 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 Guidance and Transparency Rules.

For further information contact:

 
 Andy Michuda (Executive Chairman)                         + 44 (0) 1276 
  Arif Karimjee (CFO)                 Sopheon plc           919 560 
 Carl Holmes/Abigail Kelly / 
  George Dollemore (Corporate 
  Finance) / Sunila de Silva          Cavendish Capital    + 44 (0) 20 
  (ECM)                                Markets Ltd          7220 0500 
 

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(END) Dow Jones Newswires

December 04, 2023 07:30 ET (12:30 GMT)