20 November
2024
Fonix plc
("Fonix"
or the "Company")
Exercise of
Options and Total Voting
Rights
The Company announces that it
received notice of exercise ("Exercise") in relation to employee
share options over 100,108 ordinary shares of 0.1p each in
the Company ("Ordinary Shares") issued under the Company's Share
Option Plan.
Accordingly, the Company has
transferred 100,108
shares previously held in Treasury to satisfy the
Exercise. As a result, the Company's issued share capital now
consists of 100,000,000 Ordinary Shares, 924,472 of which remain held in Treasury.
For reporting under the FCA's Disclosure Guidance and Transparency
Rules, shareholders should exclude any Ordinary Shares held in
Treasury and should use the figure of 99,075,528 Ordinary Shares (the total voting
share capital) when determining if they are required to notify
their interest, or a change of their interest in the
Company.
Following this Exercise, there remain
1,472,751 outstanding share options in issue under the Company's
Share Option Plan.
Enquiries
Fonix plc
Tel:
+44 20 8114 7000
Robert Weisz, CEO
Michael Foulkes, CFO
Cavendish Capital Markets Limited (Nomad and
Broker)
Tel: +44 20 7220 0500
Jonny Franklin-Adams / Seamus Fricker
(Corporate Finance)
Sunila de Silva (ECM)
About Fonix
Founded in 2006, Fonix provides
mobile payments and messaging services for clients across media,
telecoms, entertainment, enterprise and commerce.
When consumers make payments, they
are charged to their mobile phone bill. This service can be used
for ticketing, content, cash deposits and donations. Fonix's
service works by charging digital payments to the mobile phone
bill, either via carrier billing or SMS billing. Fonix also offers
messaging solutions.
Based in London, Fonix is a fast
growth business driven by blue chip clients such as ITV, Bauer
Media, RTÉ, Global Media, Comic Relief and Children in Need to name
a few.
