Crossrider plc Holding(s) in Company (6562J)
December 21 2015 - 2:00AM
UK Regulatory
TIDMCROS
RNS Number : 6562J
Crossrider plc
21 December 2015
Crossrider plc
("Crossrider," the "Company" or the "Group")
Holdings in Company
Crossrider (AIM:CROS) the creator of digital advertising
platforms specialising in monetising web and mobile media through
the use of big data, announces that as a result of the repurchase
of 1,590,000 ordinary shares of US$0.0001 each ("Ordinary Shares")
by the Company, and the transfer of those shares into treasury,
Unikmind Holdings Limited's ("Unikmind") total holding of
103,500,002 Ordinary Shares now represents 72.74 per cent. of the
total number of Ordinary Shares in issue (excluding treasury
shares). The entire shareholding of Unikmind is held by a trust,
the sole beneficiary of which is Teddy Sagi.
- Ends -
For more information contact
Crossrider plc
Koby Menachemi, Chief Executive
Officer
Mark Carlisle, Chief Financial
Officer
c/o Bell Pottinger +44 (0) 20 3772 2500
Shore Capital
Bidhi Bhoma
Toby Gibbs
Jamie Cameron +44 (0) 20 7408 4090
Bell Pottinger
David Rydell
Olly Scott
James Newman +44 (0) 20 3772 2500
About Crossrider
Crossrider is a creator of digital advertising platforms
specialising in monetising web and mobile media through the use of
big data. The Company's web and mobile platforms power ad networks,
agencies and direct publishers and enable the delivery of relevant
digital advertising through the analysis of big data: making online
marketing significantly more efficient and cost effective.
The Group operates web and mobile platforms which generate big
data, enabling the development of a proprietary ad serving
algorithm and engine that can extract value from this data to
deliver relevant advertising to targeted users.
Crossrider's vision is to become the de facto standard platform
for delivering relevant web and mobile adverts to billions of
people, powering the next generation of digital advertising.
www.crossrider.com
This information is provided by RNS
The company news service from the London Stock Exchange
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