Sopheon PLC
Issue of Equity
RNS Number : 8713K
Sopheon PLC
18 December 2018
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 7,500 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 24 December 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 10,143,766 Ordinary Shares. Accordingly, the figure of 10,143,766 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.