REG-Simian Global Plc: Results of General Meeting

Grand Vision Media HoldingsAnnouncement

18/06/2018 14:05

SIMIAN GLOBAL PLC

Results of General Meeting

18 June 2018 at 14:00

Simian Global plc (the “Company”) is pleased to announce that all
resolutions were passed at its general meeting held today on 18 June 2018 at
11.00 a.m., including the following:

1.    that the proposed acquisition of GVC Holdings Limited be approved;

2.    that the obligation for the concert party to make a general offer for
all the ordinary shares of the Company pursuant to Rule 9 of the City Code on
Takeovers and Mergers be waived;

3.    that, in connection with the acquisition of GVC Holdings Limited, the
directors of the Company be authorised to issue and allot equity securities up
to an aggregate nominal amount of £10,205,707.90 representing the following:

        a.    £7,659,574.60 comprising the nominal amount of
consideration shares;

        b.    £673,333.30 comprising the nominal amount of the
placing shares;

        c.     £672,800.00 comprising the nominal amount of the
success fee shares; and

        d.    £1,200,000.00 comprising the nominal amount of the
share options.

4.    that the directors be authorised to grant options to the directors,
pursuant to the terms summarised in the Company’s prospectus dated 6 June
2018;

5.    that section 561 of the Companies Act 2006 be disapplied in
connection with the Company’s acquisition of GVC Holdings Limited; and

6.    that the name of the Company be changed to “Grand Vision Media
Holdings plc”.

The full text of the resolutions is set out in the Company’s prospectus,
which is available on the Company's website, www.simianglobal.com.

Accordingly, subject only to admission becoming effective from 8.00 a.m. on 19
June 2018, the Company will complete the acquisition of the entire issued
share capital of GVC Holdings Limited.

On Admission, the Company will have an issued share capital of 96,287,079
Ordinary Shares of 10p each.

For more information:

 Simian Global Plc              www.simianglobal.com                                
 Edward Kwan-Mang Ng, Director  Tel: +44 (0) 20 7866 2145 or info@simianglobal.com  

   

 Alfred Henry Corporate Finance Ltd                                                        
 Jon Isaacs or Nick Michaels         Tel: +44 (0) 20 3772 0021 or jisaacs@alfredhenry.com  



Copyright (c) 2018 PR Newswire Association,LLC. All Rights Reserved