According to a regulatory filing, Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that it has issued 350,000 new Ordinary Shares following exercise by an employee of 350,000 share options at an exercise price of 9p per share.
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application will be made for the new Ordinary Shares to be admitted to trading on AIM which is expected to occur on or around 31 July 2014.
Following the issue of the new Ordinary Shares, the total number of shares in issue with voting rights will be 829,996,821.
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.
IMO Minds and Machines is creating what will be one of the most influential models in the TLD space that will create value for the gtld program as a whole as well as for their shareholders. Their integration, marketing and philosophy will help bring meaning to new extensions which will support the legitimacy of the program. .London will be a big hit I think and will likely break 100k regs in the first couple weeks of GA.