Sopheon (LSE: SPE), the international provider of software and services for complete Enterprise Innovation Management solutions, announces that, following the exercise of options by employees, it has issued and allotted 10,952 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 10,014,923 Ordinary Shares. Accordingly, the figure of 10,014,923 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 |