Sopheon PLC
31 March 2023
For immediate release
SOPHEON PLC
Issue of Equity
Sopheon, the InnovationOps software company, announces that following the exercise of options by certain employees it has allotted 3,500 new Ordinary Shares of 20 pence each in the Company ("Ordinary Shares") which have been purchased by the Company's Employee Benefit Trust.
Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 5 April 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 10,634,892. The Company does not hold any shares in treasury. Accordingly, the figure of 10,634,892 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.