REG - Engage XR Holdings - Result of EGM

ENGAGE XR HoldingsAnnouncement

03/03/2023 12:00

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RNS Number : 8678R  Engage XR Holdings PLC  03 March 2023

 

 

3 March 2023

 

ENGAGE XR Holdings plc

 

("ENGAGE XR" or the "Company")

 

Result of EGM and Total Voting Rights

 

 

ENGAGE XR Holdings plc (AIM: EXR), a leading metaverse technology company, is
pleased to announce that at its Extraordinary General Meeting ("EGM") held
today, all resolutions relating to the issue of 219,879,015 new Ordinary
Shares of €0.001 pursuant to the Placing announced on 6 February 2023 were
duly passed.

 

Accordingly, application has been made to Euronext Dublin and to the London
Stock Exchange for the Shares to be issued pursuant to the Placing ("Placing
Shares") to be admitted to trading on Euronext Growth and AIM respectively
("Admission"). It is expected that settlement of the Placing Shares will
occur, Admission will become effective and that dealings will commence in the
Placing Shares at 8.00 a.m. (London Time) on 6 March 2023. The Placing is
conditional, among other things, upon Admission becoming effective and the
Placing Agreement  not being terminated in accordance with its terms.

 

Following Admission, and taking into account the shares to be issued pursuant
to the Subscription, the Company's issued share capital will consist of
524,826,146 Ordinary Shares with one voting right each. The Company does not
hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary
Shares and voting rights in the Company will be 524,826,146. With effect from
Admission, this figure 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 to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

Capitalised terms not otherwise defined in the text of this announcement have
the meanings given to them in the Company's announcement dated 6 February
2023.

 

For further information on the Announcement, please contact:

 

 

ENGAGE XR Holdings plc:
 
         +353 87 665 6708

David Whelan,
CEO

Séamus Larrissey, CFO

Sandra Whelan, COO

 

Davy (Joint Broker & Euronext Growth Listing Sponsor)
    +353 1 679 6363

Barry Murphy / Lauren O'Sullivan

 

finnCap Ltd (Joint Broker & Nominated
Adviser)                         +44 (0) 20 7220 0500

Marc Milmo / Seamus Fricker / Sunila de Silva

 

Shard Capital Partners LLP (Joint
Broker)
+44 (0) 20 7186 9952

Damon Heath / Erik Woolgar

 

The person responsible for arranging release of this Announcement on behalf of
ENGAGE XR is Séamus Larrissey.

 

About ENGAGE XR

 

ENGAGE XR Holdings plc (AIM: EXR; Euronext Growth: EXR) is metaverse
technology company focused on becoming a leading global provider of virtual
communications solutions through its new fully featured corporate metaverse,
ENGAGE Link.

 

The Company also has a proprietary software platform, ENGAGE. ENGAGE provides
users with a platform for creating, sharing, and delivering VR content for
education, training, and online events through its three solutions: Virtual
Campus, Virtual Office, and Virtual Events.

 

 

EXR is listed on AIM in London and on the Euronext Growth Market in Dublin, a
market operated by Euronext Dublin.

 

For further information, please visit: www.engagexrholdings.com (LinkedIn:
@Engage XR Holdings plc Twitter: @engage_xr)

 

 

 

 

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