Published: 23 April 2014
Idox plc (the "Company") announces that 3,051,000 ordinary shares of 1 pence each ("Ordinary Shares") have been issued and allotted following an exercise of options by Richard Kellett-Clarke, Director and CEO of the Company. Mr Kellett-Clarke has transferred the Ordinary Shares for nil consideration to his wife Mrs Frances Ann Kellett-Clarke.
Application has been made to the London Stock Exchange for the Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM, and admission is expected to become effective on 29 April 2014.
Following the above transactions Mr Kellett-Clarke's beneficial interest is 12,562,911 Ordinary Shares in IDOX representing approximately 3.5% of the current issued share capital and he has outstanding options over 3,623,922 Ordinary Shares representing approximately 1% of the current issued share capital.
The Company's total issued share capital after the admission of the Ordinary Shares will be 357,235,810 Ordinary Shares. The Company holds 17,000 shares in treasury. Therefore the total number of Ordinary Shares with voting rights in the Company is 357,218,810. This figure of 357,218,810 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Idox plc +44 (0) 870 333 7101
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive
Jane Mackie, Chief Financial Officer
N+1 Singer (NOMAD and Broker) +44 (0) 20 7496 3000
Shaun Dobson / Nick Donovan
Leander (Financial PR) +44 (0) 7795 168 157
About Idox plc
Idox plc is a supplier of specialist document management collaboration solutions and services to the UK public sector and increasingly to highly regulated asset intensive industries around the world in the wider corporate sector.
Its Public Sector Software Division is the leading applications provider to UK local government for core functions relating to land, people and property, such as its market leading planning systems and election management software. Over 90% of UK local authorities are now customers. The Division provides public sector organisations with tools to manage information and knowledge, documents, content, business processes and workflow as well as connecting directly with the citizen via the web. It also supplies, predominantly to the public sector, decision support content such as grants and planning policy information as well as related specialist services.
The Engineering Information Management Division delivers engineering document control, project collaboration and facility management applications to many leading companies in industries such as oil & gas, architecture and construction, mining, utilities, pharmaceuticals and transportation around the world.
The Group employs over 500 staff located in the UK, the USA, Europe, India and Australia.
Updated: 21 March 2018