The Directors of Minds + Machines Group Limited (AIM: MMX) announce the receipt of an Exercise Notice in relation to 3,000,000 share options issued in November 2007. Therefore, the Company will issue and allot 3,000,000 new Ordinary Shares of no par value ("Ordinary Shares") at £0.04 per share raising a total of £120,000. The monies will be used for general working capital purposes.
An application has been made for the 3,000,000 new Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM and trading in such shares is expected to commence on or around 10 April 2014.
Following the issue of the Ordinary Shares, the total number of shares in issue and the total number of ordinary shares in the Company with voting rights will be 828,558,522. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
For further information, please contact:
Minds + Machines Group Limited
North America
Antony Van Couvering
Tel: +1 310 452-1491
Beaumont Cornish Limited (Nomad)
For further information, please go to www.mindsandmachines.com/investors
About Minds + Machines Group Limited
Minds + Machines Group Limited is a publicly traded holding company listed on the AIM market of the London Stock Exchange focused on the new top-level domain space. Top-level domains, such as .com and .net are regulated by ICANN. ICANN is currently expanding the number of new generic top-level domains from the current 23 to over 1000 through its 'new gTLD program'. The Company is one of the leading applicants for new gTLDs under this programme.
About Minds + Machines' Registry and Registrar operations
Minds + Machines' registry operations are provided through its wholly owned registry services provider, Minds + Machines LLC, which works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new top-level domains (TLDs). In addition, the Group wholly owns Minds + Machines Registrar Limited (Ireland) and Minds and Machines Registrar UK Limited, both being registrar businesses through which the public can buy addresses in new and existing top-level domains. Further information on Minds + Machines' registry and registrar operations can be found at www.mm-registry.com and www.mindsandmachines.com respectively.
Minds + Machines Group Limited is a British Virgin Islands-based company, which owns and operates a portfolio of generic top-level domain assets (gTLDs). The Company operates in the domain name industry and provides end-to-end domain services. Its segments include Registry ownership (Registry), including applicant of top level domain name from Internet Corporation for Assigned Names and Numbers (ICANN) and wholesaler of domain names of those top level domain names; Registry service provider (RSP) and consulting services (segment B), which includes back end service provider for a registry, and Registrar (Registrar), which includes retailer of domain names. Its portfolio is focused around geographic domains, such as .boston, .miami, .bayern, .nrw; professional occupations, such as .law,.abogado, .dds; consumer interest, such as.fashion, .wedding,.vip; lifestyle .fit, .surf, .yoga, outdoor activities such as .fishing, .garden, .horse) and generic names domains include .Work and .casa.