TIDMIMO

RNS Number : 0646P

IMImobile PLC

03 June 2015

3 June 2015

IMImobile PLC

("IMI" or "the Company")

Share Dealings

IMImobile PLC, a provider of software and services for mobile engagement announces that in order to satisfy investor demand the lock-in provisions entered into by First Mark India Mauritius IV Ltd ("First Mark") and Sequoia Capital India Investment Holdings III ("Sequoia") which were to expire on 27 June 2015 (being one year since the Company's initial public offering) have been lifted to allow the share dealings outlined in this announcement.

On 2 June 2015 First Mark sold 2,309,387 ordinary shares representing 4.81% of the Company's issued share capital at 120 pence per share. On 2 June 2015 Sequoia sold 4,661,568 ordinary shares representing 9.7% of the Company's issued share capital at 120 pence per share.

Following completion of these share dealings First Mark will have an interest in 2,309,386 shares representing 4.81% of the issued share capital of the Company, Sequoia will no longer have any interest in the Company's shares.

Enquiries:

 
 IMImobile PLC                                         c/o Buchanan 
  Jay Patel, Chief Executive Officer                    Tel: +44 (0)20 7466 5000 
  Michael Jefferies, Group Finance Director 
Buchanan - Financial PR adviser                        Tel: +44 (0)20 7466 5000 
 Mark Edwards / Gabriella Clinkard / Stephanie Watson   imimobile@buchanan.uk.com 
SPARK Advisory Partners - Nominated adviser            Tel: +44 (0)203 368 3552 
 Matt Davis / Sean Wyndham-Quin 
Whitman Howard - Joint Broker                          Tel: +44 (0) 207 659 1250 
 Ranald McGregor-Smith 
WH Ireland - Joint Broker                              Tel: +44 (0)207 220 1666 
 Adrian Hadden

This information is provided by RNS

The company news service from the London Stock Exchange

END

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