REG - Electric Guitar PLC - Result of General Meeting

Electric GuitarAnnouncement

27/08/2024 15:00

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RNS Number : 8644B  Electric Guitar PLC  27 August 2024

27 August 2024

 

Electric Guitar PLC

("Electric Guitar" or the "Company")

 

Result of General Meeting

 

Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company
providing first-party data solutions, is pleased to announce that further to
the announcement dated 9 August 2024 regarding the Company's proposed
acquisition of Mymyne Limited ("Mymyne"), the Company confirms that the
associated resolution was approved by shareholders at the General Meeting held
earlier today.

The table below shows the votes received on the resolution proposed at the
General Meeting. The full text of the resolution is contained in the Notice of
General Meeting published on 9 August 2024.

 

 Resolution  Votes For*  %     Votes Against  %     Total no. votes cast  Votes Withheld(**)
 1           87,204,860  87.4  12,601,959     12.6  99,806,819            0

 

* Includes discretionary votes

**A vote withheld is not a vote in law and is not included in the calculation
of the votes "For" or "Against" the resolution or the total number of votes
cast

 

The Company can confirm that as described in the announcement dated 9 August
2024, the Mymyne Shareholding has been placed out to Jason Batten, a director
of Mymyne, for a sum of £31,000 and the funds will be received by Electric
Guitar upon completion of the acquisition, which remains subject to the
admission of the Initial Consideration Shares to trading on AIM, expected to
take place tomorrow.

 

The same definitions apply throughout this announcement as those set out in
the Company's announcement published on 9 August 2024, unless the context
requires otherwise.

 

For further information:

 

   Electric Guitar PLC

Richard Horwood                                                     07778 463 868

 Chief Operating Officer

 Allenby Capital                                                    020 3328 5656

 (Nominated Adviser and Joint Broker)

 Jeremy Porter

 Piers Shimwell

 Dan Dearden-Williams

 Axis Capital Markets                                               020 3026 0320

 (Joint Broker)

 Richard Hutchison

 Global Investment Strategy UK (Joint Broker)  020 7048 9400

 James Sheehan

 Yellow Jersey PR

 Charles Goodwin                                                    020 3004 9512

 Annabelle Wills                                                    electric@yellowjerseypr.com

                                 (https://appriver3651008983.sharepoint.com/sites/CompanyData/Shared%20Documents/Corporate%20Finance/Mandated%20Transactions/Electric%20Guitar/Announcements/electric@yellowjerseypr.com)
 Bessie Elliot

 

Notes to Editors

 

Electric Guitar PLC (AIM: ELEG) is the provider of first-party data solutions
for the marketing and advertising industry, empowering businesses to realise
the value of their first-party data. In an era of changing consumer attitudes
towards the use of their data, tighter privacy legislation, and the demise of
third-party cookies, first-party data is now the key to success in digital
marketing. Electric Guitar's strategy is to acquire and scale businesses that
help marketers maximise the value of first-party data by curating, managing,
and deploying it, and in doing so making Electric Guitar the industry standard
for first-party data solutions. As the first part of this strategy, Electric
Guitar has acquired 3radical Limited, a company that utilises its Software as
a Service platform, 3radical Voco, to enable organisations to engage
individuals and request their data directly using interactive digital
experiences.

Electric Guitar PLC was listed on the Main Market of the London Stock Exchange
on 11 January 2022 and transferred to AIM on 03 May 2024.

For further information please visit www.electricguitarplc.com
(https://gbr01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.electricguitarplc.com%2F&data=05%7C02%7Cannabelle%40yellowjerseypr.com%7C4d6c115bd9be4497074b08dc6450fa84%7Cc7fee44edc6a4490a4ea0667cc994b7d%7C0%7C0%7C638495546166555946%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=PF4juWPApDTUFzg8doPm1KZUrJsqjht4vrub5zvBsos%3D&reserved=0)
.

 

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