26 April 2012
("InternetQ" or "the Company")
Award of Shares under Share Incentive Plan
InternetQ plc (LSE-AIM: INTQ), one of the leading providers of mobile marketing and entertainment solutions announces that it has, today, awarded 150,000 new ordinary shares of 0.25 pence each ("ordinary shares") in the Company to certain eligible employees. These shares were awarded under the Share Incentive Plan (as disclosed in paragraph 10 of Part IV of the Company's AIM Admission document dated 6 December 2010) following the achievement of certain financial performance targets for the financial year ended 31 December 2011.
The new ordinary shares will be issued and allotted on the following dates:
50% on 28 March 2013
50% on 28 March 2014
Veronica Nocetti, Chief Financial Officer of the Company, was one of the eligible employees and received an award of 30,000 ordinary shares to be issued and allotted on the dates outlined above. Ms Nocetti currently holds 25,000 ordinary shares representing 0.1 per cent of the issued share capital of the Company.
Konstantinos Korletis, Chief Executive Officer of the Company, was another one of the eligible employees and received an award of 40,000 ordinary shares to be issued and allotted on the dates outlined above. Mr Korletis currently holds 750,000 ordinary shares representing 2.39 per cent of the issued share capital of the Company.
Panagiotis Dimitropoulos, President and Founder of the Company, was another one of the eligible employees and received an award of 80,000 ordinary shares to be issued and allotted on the dates outlined above. Mr Dimitropoulos currently holds 18,150,000 ordinary shares representing 57.83 per cent of the issued share capital of the Company.
InternetQ is a trusted global leader in mobile marketing and digital entertainment solutions. Through its proprietary technology platforms, InternetQ enables mobile network operators, brands, and media companies to conduct targeted, interactive and measurable mobile communications and pushes the frontiers in digital mobile entertainment. InternetQ is a publicly traded company listed on the London Stock Exchange's AIM, under the symbol INTQ.
For more information, please visit www.InternetQ.com.
For further details
Konstantinos Korletis, Chief Executive Officer
Tel: +30 (211) 101 1101
Tel: +30 (693) 260 0128
Tel: +30 (694) 420 5275
Jeremy Garcia /Tim Thompson/Gabriella Clinkard
Tel: +44 (0)20 7466 5000
Grant Thornton Corporate Finance
Philip Secrett / David Hignell
Tel: +44 (0)20 7383 5100
RBC Capital Markets
Stephen Foss / Pierre Schreuder / Daniel Conti
Tel: +44 (0)20 7653 4000