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APPEN LIMITED — Share Issue/Capital Change 2015
Sep 10, 2015
64403_rns_2015-09-10_27cb4d85-3566-4df9-bffb-5fbe347ff63e.pdf
Share Issue/Capital Change
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Level 6, 9 Help Street Chatswood, NSW 2067 Tel + 61 2 9468 6300 Fax + 61 2 9468 6311
ASX ANNOUNCEMENT
11 September 2015
NOTIFICATION OF RELEASE OF RESTRICTED SHARES FROM ESCROW
In accordance with Listing Rule 3.10A, Appen Limited advises that 15,983,908 fully paid ordinary shares currently held under voluntary escrow will be released upon market open on Friday 25 September 2015.
These shares (being 25% of the total number of shares under voluntary escrow) are being released pursuant to an early release condition being met. That early release condition is that the VWAP in any 10 consecutive trading days following release of the half-year financial results for FY15, exceeds to the Offer Price by more than 20%.
The remaining shares held under voluntary escrow are 31,967,815 fully paid ordinary shares.
Please contact for more information:
Mark Brayan (CEO) [email protected] +612 9468 6338
Mark Byrne (CFO and Joint Company Secretary) [email protected] +612 9468 6322
About Appen Ltd (ASX: APX). Appen is a global leader in speech and search technology services. With expertise in more than 150 languages, Appen partners with leading technology and ecommerce companies as they develop new offerings and expand them to global markets. Our solutions help companies create engaging products with accurate speech interfaces and relevant content ranging from web sites, to maps, images, and merchandise.
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