London, England and San Francisco, CA – 24th December 2015 — blinkx plc (“blinkx” or the “Company”) announces that on 21st December 2015, the following ordinary shares vested as part of the grant of restricted stock units under the US Share Plan for Senior Executives announced by the Company on 17th September 2013:
- 50,000 in the name of Subhransu Mukherjee; and
- 16,667 in the name of Suranga Chandratillake.
Each Director exercised his option to fund the tax obligation that arose from the vesting of the shares and now owns the shares indicated above.
Following this vesting:
- Mr. Mukherjee has 150,000 restricted stock units, 9,080,000 unexercised share options and 700,000 ordinary shares, together representing 2.46% of the Total Voting Rights of the Company.
Mr. Chandratillake has 49,997 restricted stock units, 2,487,179 unexercised share option and 143,103 ordinary shares in the Company, together representing 0.66% of the Total Voting Rights of the Company.
For further information please contact:
Analyst and Investor Contact
Financial Media Contacts
Edward Bridges/Charles Palmer
FTI Consulting LLP
(UK) 020 3727 1000
NOMAD and Joint Broker for blinkx plc
Charles Lytle/Christopher Wren
Citigroup Global Markets Limited
(UK) 020 7986 9756
Joint Broker for blinkx plc
Lorna Tilbian/Mark Lander/Nick Westlake
Numis Securities Limited
(UK) 020 7260 1000
blinkx (LSE AIM: BLNX) is an Internet media company that connects consumers and brands through premium content online. Founded in the UK in 2004, blinkx pioneered Internet Video Search using its patented COncept Recognition Engine (CORE). This technology leverages speech recognition, text and image analysis to deeply understand the meaning and context of video content to generate improved search relevancy for consumers and a brand safe environment for advertisers. Today, blinkx is a broad digital media technology, distribution and monetization platform that connects consumers, advertisers and content across four screens. Through its partnerships with hundreds of media companies, including ABC, NBC, Conde Nast, Reuters and Bloomberg, blinkx has indexed and search enabled millions of hours of video content. blinkx powers video search, discovery or monetization on thousands of online properties including Lycos, ABC, CBS and Fox Sports. blinkx is headquartered in San Francisco, California with offices worldwide. For more information please visit www.blnx.com.