REG - Devolver Digital - Transfer of Treasury Shares & Total Voting Rights

Devolver DigitalAnnouncement

04/12/2024 16:30

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RNS Number : 8520O  Devolver Digital, Inc.  04 December 2024

4 December 2024

Devolver Digital, Inc.

("Devolver Digital", "Devolver" or the "Company", and the Company together
with all of its subsidiary undertakings "the Group")

 

Transfer of Treasury Shares

 and Total Voting Rights

Devolver Digital, the award-winning digital publisher and developer of
independent ("indie") video games, announces that it has today transferred
5,750,650 shares of common stock of $0.0001 par value each ("Shares"), which
the Company holds in treasury.

The transfer of Shares from treasury serves to satisfy the initial share
consideration, payable in Devolver Shares, for the acquisition of System Era
Softworks Inc. ("Acquisition"), which were subject to a hold back period of 12
months following completion. Further details of the Acquisition and the
initial consideration can be found in the announcement dated 01 November 2023.

Total Voting Rights

Following this transfer of treasury shares, the Company's currently issued and
outstanding share capital is 474,500,242 shares (excluding 28,917,825 shares
held in treasury) and this number may be used by shareholders in the Company
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change in their interest in,
the share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

-ENDS-

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 120 titles, with more than 30
titles in the pipeline scheduled for release over the next few years. Devolver
has in-house studios developing first-party IP titles and a complementary
publishing brand. Devolver is registered in Wilmington, Delaware, USA.

 

Enquiries:

 

 Devolver Digital, Inc.                                                               ir@devolverdigital.com

 Harry Miller, Chief Executive Officer

 Daniel Widdicombe, Chief Financial Officer

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

 Nick Cowles, Kieran Russell (Investment Banking)

 Ben Robertson (Equity Capital Markets)

 Panmure Liberum (Joint Broker)                                     +44 (0)20 3100 2000

 Max Jones, Matt Hogg (Investment Banking)

 FTI Consulting (Financial PR)                                                 devolver@fticonsulting.com

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

 

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