Business
Additional Listing
Additional Listing.
About this update from Velocity Composites Plc
[{"type":"text","content":"\n RNS Number : 3520V Velti PLC 28 May 2008 \n \n\n\n\n\n\n\nFor Immediate Release\n\n\nWednesday, 28 May 2008\n\n\n\n\n\n\nVelti plc\n\nAdditional Listing\n\n\nPursuant to the Company's Share Incentive Plan ('the Plan') the Company issued on 31 March 2008, 692,860 ordinary 5p shares. These shares have been issued to Directors and employees of the Company at the nominal value of 5p per share. The issue of shares under the Plan was subject to certain performance criteria.\n\nShares issued to Directors under the Plan were as follows:\n\n\n\n\n\nDirector\n\n\nShares\nawarded\n\n\n\nTotal shares\nnow held\n\n\nPercentage of\nissued share capital\n\n\n\n\nA Moukas\n\n\n89,240\n\n\n4,026,318\n\n\n11.94%\n\n\n\n\nP Papageorgiou\n\n\n89,240\n\n\n128,690\n\n\n0.38%\n\n\n\n\nM Scouloudis\n\n\n89,240\n\n\n1,766,878\n\n\n5.24%\n\n\n\n\nC Kaskavelis\n\n\n89,240\n\n\n4,532,421\n\n\n13.44%\n\n\n\n\n\nApplication has been made for the 692,860 new ordinary 5p shares to be admitted to trading on AIM and dealings are expected to commence on 2 June 2008.\n\n\nEND\n\nCONTACTS\n\n\n\n\n\nVelti:\n\n\n\n\n\n\n\nAlexandros Moukas, Chief Executive Officer\n\n\n+44 (0) 20 7633 5000\n\n\n\n\nPantelis Papageorgiou, Director of Finance\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBankside:\n\n\n+44 (0) 20 7367 8888\n\n\n\n\nSimon Bloomfield or Steve Liebmann \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRBC Capital Markets:\n\n\n+44 (0) 207 653 4667\n\n\n\n\nSarah Wharry\n\n\n\n\n\n\n\n\n\n\n About Velti\n\nVelti's market-leading mobile marketing technology platform, coupled with its experience in the mobile advertising industry, enables clients around the world to deliver an extensive range of highly targeted marketing campaigns. With operations in 18 countries, and a mobile marketing joint venture with the Interpublic group, a top global holding group of advertising agencies, Velti has the ability to reach through its platform an estimated 1.4 billion consumers. \n\nVelti's unique Mobile Marketing and Advertising Platform (version 4.0) manages the full cycle of planning, execution and monitoring of multiple campaigns across differing mobile formats and channels, offering customers more than 70 mobile marketing and advertising templates, which can be managed from one user interface. \n\nFor more information, visit www.velti.com....