viewLocation Sciences Group PLC

Location Sciences - Update re Placing

RNS Number : 8732N
Location Sciences Group PLC
26 September 2019




26 September 2019

Location Sciences Group PLC

("Location Sciences" or the "Company")


Update re Placing


Further to its announcement of earlier today, Location Sciences (AIM: LSAI), the leading location data verification and analytics company, announces that it has received firm orders in excess of the minimum of £0.25 million and that it has extended the time of the close of the Bookbuild, which will now remain open until 12.00 noon on 27 September 2019. An announcement of the result of the Bookbuild will be made shortly thereafter.


This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Placing as described above, and is disclosed in accordance with the Company's obligations under Article 17 of MAR.



For further information please contact:

Location Sciences Group PLC

via Milk and Honey PR

Mark Slade, Chief Executive Officer


David Rae, Chief Financial Officer




Shore Capital (Nominated Adviser and Broker)

Tel: +44 (0)20 7408 4090


Tom Griffiths/David Coaten

Andy Crossley



Milk & Honey PR


Tel: +44 (0)20 3637 7310

Kirsty Leighton


Jessica Ballinger



About Location Sciences Group PLC:

Location Sciences is the pre-eminent global location verification provider to the $160 billion digital advertising industry. Working in partnership with brands, media agencies and suppliers to reduce ad-wastage and improve the effectiveness of location-based advertising campaigns. 

The digital advertising market place remains unregulated and un-monitored, with an estimated $19 billion wasted on ad-fraud in 2018. Location Sciences has developed Verify, the world's first independent location verification product. Utilising sophisticated machine learning and pattern recognition technologies Verify detects location ad-fraud and shines a light on location data inaccuracy with the aim of bringing back integrity, transparency and trust to the market place.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Quick facts: Location Sciences Group PLC

Price: 0.4209

Market: LSE
Market Cap: £2.4 m

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: Location Sciences building out its US team and business

Location Sciences Group PLC (LON:LSAI) Chief Business Officer Jason Smith stopped by the Proactive New York studio to talk about how he will be strengthening the location intelligence provider's budding US business. Smith, who previously spent time as a Senior Partner of WPP PLC (NYSE: WP)...

on 08/13/2019