Wednesday, June 15, 2011

Velti Announces Pricing of Secondary Offering

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DUBLIN, Ireland and SAN FRANCISCO, June 14, 2011 (GLOBE NEWSWIRE) — Velti plc (Nasdaq:VELT), a leading mobile marketing and advertising technology provider, today announced that it has priced its secondary public offering of 9,828,505 ordinary shares at a price to the public of .25 per share. Of the ordinary shares sold in the offering, Velti is offering 8,000,000 shares and certain selling shareholders are offering 1,828,505 shares. In addition, Velti has granted the underwriters a 30-day option to purchase up to an additional 1,474,275 ordinary shares to cover over-allotments, if any.



Jefferies & Company, Inc. is acting as sole book-running lead manager of the offering. RBC Capital Markets, LLC and Needham & Company LLC are acting as lead managers and Canaccord Genuity Inc. and ThinkEquity LLC are acting as co-managers.



A registration statement on Form F-1 relating to these securities was declared effective by the Securities and Exchange Commission on June 14, 2011. This offering is being made solely by means of a written prospectus forming part of the effective registration statement. Copies of the prospectus relating to the offering may be obtained from: Jefferies & Company, Inc., Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, telephone: (877) 547-6340, email: Prospectus_Department@Jefferies.com.



This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.



About Velti



Velti is a leading global provider of mobile marketing and advertising technology and solutions that enable brands, advertising agencies, mobile operators and media to implement highly targeted, interactive and measurable campaigns by communicating with and engaging consumers via their mobile devices. Velti is a publicly-held corporation based in Jersey, and trades on the NASDAQ Global Select Market under the symbol VELT. For more information, visit www.velti.com.



The Velti logo is available at http://ping.fm/KYSlQ


CONTACT: Velti plc
Dakota Sullivan
dsullivan@velti.com
+1 (415) 315 3436

Jefferies & Company, Inc.
Attention: Equity Syndicate Prospectus Department
520 Madison Avenue
New York, NY 10022
+1 (877) 547-6340
Prospectus_Department@Jefferies.com



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