REG - Devolver Digital - Notice of Special Meeting

Devolver DigitalAnnouncement

28/11/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221128:nRSb6994Ha&default-theme=true

RNS Number : 6994H  Devolver Digital, Inc.  28 November 2022

28 November 2022

Devolver Digital, Inc

 

("Devolver" or the "Company")

 

Notice of Special Meeting

 

Devolver Digital, Inc (AIM: DEVO), the award-winning digital publisher and
developer of indie video games, is pleased to announce that it has today
posted a circular to all shareholders convening a Special Meeting, which will
be held at Baker & McKenzie LLP, 815 Connecticut Ave, NW, Washington,
District of Columbia, 20006, USA at 1:30pm (Eastern time) (being 6:30pm UK
time) on 12 December 2022 (the "Special Meeting").

 

The purpose of the Special Meeting is to ask shareholders to: (i) approve the
terms of the Company's proposed new long term incentive plan known as the
"2022 Long-Term Incentive Plan" ("the Plan"), and (ii) authorise the Directors
to make awards pursuant to the Plan by granting them the necessary authorities
to issue Shares, or grant rights over Shares, for cash free of the pre-emption
rights contained in the Company's Certificate of Incorporation. A copy of the
notice and the Plan documentation will be available on the Company's website
at https://investors.devolverdigital.com/
(https://investors.devolverdigital.com/) .

 

The purpose of the Plan is to align and incentivise employees to work
collectively to deliver growth and

create shareholder value for investors. The Plan is intended to help the
Company secure and retain the

services of eligible award recipients, provide incentives for such persons to
exert maximum efforts for the success of the Company and any affiliate and
provide a means by which the eligible recipients may

benefit from increases in value of the Common Stock.

 

Whether or not shareholders propose to attend the Special Meeting, the Company
encourages all shareholders to complete and submit a proxy form in accordance
with the instructions detailed in the Notice of the Special Meeting.

 

Voting results on the resolutions tabled at the Special Meeting will be
announced via the Regulatory News Service ("RNS") and placed on the Company's
website as soon as practicable after the conclusion of the Special Meeting.

 

Any changes to the arrangements for the Special Meeting which the Board
considers appropriate will be communicated to shareholders before the meeting
through the Company's website and, where appropriate, by an announcement
through the RNS. Shareholders are advised to check the Company's website for
updates.

 

Enquiries

 

 Devolver Digital, Inc.                                         ir@devolverdigital.com (mailto:ir@devolverdigital.com)

 Harry Miller, Executive Chairman

 Douglas Morin, Chief Executive Officer

 Daniel Widdicombe, Chief Financial Officer

 Zeus (Nominated Adviser and Broker)                            +44 (0)20 3829 5000

 Nick Cowles (Investment Banking)

 Benjamin Robertson (Corporate Broking)

 FTI Consulting (Communications Adviser)                        devolver@fticonsulting.com (mailto:devolver@fticonsulting.com)

 Jamie Ricketts / Dwight Burden / Valerija Cymbal / Usama Ali   +44 (0)20 3727 1000

 

About Devolver Digital

 

Devolver is an award-winning video games publisher in the indie games space
with a balanced portfolio of third-party and own-IP. Devolver has an emphasis
on premium games and has published more than 90 titles, with more than 30
titles in the pipeline scheduled for release over the next two years and
beyond. Devolver has its own-IP franchises, in-house studios developing
first-party IP and a complementary publishing brand. Devolver is registered in
Wilmington, Delaware, USA.

 

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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NOGBKOBBKBDBODB