REG - Bidstack Group PLC - Request to requisition a General Meeting

BidstackAnnouncement

05/07/2023 07:00

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RNS Number : 9834E  Bidstack Group PLC  05 July 2023

Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this Announcement, this information is now considered to be in
the public domain.

5 July 2023

Bidstack Group plc

("Bidstack" or the "Company")

Request to requisition a General Meeting

Bidstack Group plc, the in-game brand activation platform, announces that, on
4 July 2023, it received an email with a series of nine letters purporting to
be from Interactive Investor Services Nominees, Hargreaves Lansdown (Nominees)
and Lawshare Nominees on behalf of underlying investors holding, in aggregate,
68,318,975 Ordinary Shares representing 5.25% of the issued ordinary share
capital of the Company requesting the Company to convene a general meeting of
the Company's shareholders pursuant to section 303 of the Companies Act 2006
(the "Act").

The letters have requested the requisitioned meeting to consider resolutions
to remove Glen Calvert and Lisa Hau from office as directors of the Company
and to appoint Nicholas Hargrave as a director of the Company.

The Board intends to comply with its obligations in accordance with section
304 of the Act which require it to call a general meeting with 21 days of
receipt of a valid requisition and to hold such general meeting on a date not
more than 28 days after the date of the notice convening such general meeting.

Shareholders are advised to take no action at this time. Further announcements
will be made in due course.

**ENDS**

Contacts

 Bidstack Group Plc

 James Draper, CEO                                 via Buchanan
 SPARK Advisory Partners Limited (Nomad)

 Mark Brady / Neil Baldwin / James Keeshan         +44 (0) 203 368 3550
 Stifel Nicolaus Europe Limited (Broker)

 Fred Walsh / Tom Marsh                            +44 (0) 20 7710 7600
 Buchanan Communications Limited

 Chris Lane / Stephanie Whitmore / Kim van Beeck   +44 (0) 20 7466 5000

 bidstack@buchanan.uk.com

 

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