Sumo Group PLC LTIP Block Listing Update (5860L)

TIDMSUMO

RNS Number : 5860L

Sumo Group PLC

13 January 2021

13 January 2021

Sumo Group plc

("Sumo Group" the "Group" or the "Company")

BLOCK LISTING UPDATE

Sumo Group, the award-winning provider of creative and development services to the video games and entertainment industries, today makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements in respect of The Sumo Group plc Long Term Incentive Plan (the "Scheme").

 
 Name of Company            Sumo Group plc 
 Name of Scheme             The Sumo Group plc Long 
                             Term Incentive Plan 
                           ----------------------------- 
 Period of Return (from     19 June 2020 to 18 December 
  / to)                      2020 
                           ----------------------------- 
 Number and class of        430,039 ordinary shares 
  securities not issued 
  at the start of the 
  period under the scheme 
                           ----------------------------- 
 Number of securities       40,000 ordinary shares 
  issued under the scheme 
  during the period 
                           ----------------------------- 
 Balance under the          390,039 ordinary shares 
  scheme of securities 
  not yet issued at 
  the end of the period 
                           ----------------------------- 
 Number and class of        950,000 ordinary shares 
  securities originally      admitted on 19 June 2019 
  admitted and the date 
  of admission 
                           ----------------------------- 
 Name of contact and        Steven Webb - General 
  telephone number           Counsel & Company Secretary 
                             Tel: [phone] 
                             6766 
                           ----------------------------- 
 

Enquiries:

 
 Sumo Group plc                                Via Belvedere Communications 
  Carl Cavers, Chief Executive Officer          Tel: [phone] 
  David Wilton, Chief Financial Officer         769 078 
 Zeus Capital (Nominated adviser & Joint 
  Broker)                                        Tel: [phone] 
  Nick Cowles / Andrew Jones (Corporate          1512 
  Finance)                                       Tel: [phone] 
  Benjamin Robertson / John Goold (Corporate     5000 
  Broking) 
 Investec Corporate & Investment Banking 
  (Joint Broker)                                 Tel: [phone] 
  David Flin / Bruce Garrow                      5970 
 Belvedere Communications Limited              [e-mail] 
  Cat Valentine                                 Tel: [phone] 
  Keeley Clarke                                 769 078 
  Llew Angus                                    Tel: [phone] 
                                                816 525 
                                                Tel: [phone] 
                                                023 147 
 

About Sumo Group plc

Sumo Group's businesses provide acclaimed development and design services to the video games and entertainment industries from studios in the UK, India, Canada and the US.

Sumo Digital, as the Group's primary business, is one of the UK's largest independent developers of AAA-rated video games, having studios in Sheffield, Newcastle, Nottingham, Leamington Spa, Warrington and Pune, India. The business has acquired three studios since IPO, which operate under their own names, BAFTA award-winning The Chinese Room in Brighton, Red Kite Games in Leeds and Lab42 in Leamington Spa. Sumo Digital provides turnkey and co-development solutions to a global blue-chip client base.

Atomhawk is a multi-award-winning visual design company, with studios in Newcastle and in Vancouver (Canada), servicing the games, film and visual effects industries.

Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. It provides full development, co-development, and live operations to premier video game publishers and other partners.

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January 13, 2021 08:42 ET (13:42 GMT)