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Sopheon PLC   -  SPE   

Issue of Equity

Released 15:56 23-Mar-2018

RNS Number : 8198I
Sopheon PLC
23 March 2018
 

For immediate release

 

 

SOPHEON PLC

("Sopheon" or the "Company")

 

Issue of Equity

 

Sopheon (LSE: SPE), the international provider of software and services for complete Enterprise Innovation Management solutions, announces that, following the exercise of options by an employee, it has issued and allotted 2,500 new ordinary shares of 20 pence each in the Company ("Ordinary Shares"). Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 29 March 2018.

 

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the exercise of options, the Company's issued share capital consists of 10,017,423 Ordinary Shares. Accordingly, the figure of 10,017,423 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:

Barry Mence, Chairman
Arif Karimjee, CFO

Sopheon plc

+ 44 (0) 1276 919 560

Carl Holmes / Giles Rolls (corporate finance)

Mia Gardener / Camille Gochez (corporate broking)

finnCap

+ 44 (0) 20 7220 0500

 

About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete enterprise innovation management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon's Accolade solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon's solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange. For more information, please visit www.sopheon.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Issue of Equity - RNS