RCS - EPIC Acquisition - EPIC Acquisition Corp - redemption and delisting

HackettAnnouncement

31/01/2024 17:30

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RNS Number : 5834B  EPIC Acquisition Corp  31 January 2024

EPIC Acquisition Corp announces redemption and delisting

AMSTERDAM - 31 January 2024 / EPIC Acquisition Corp (the "Company"), announces
that, further to the announcement on 23 January 2024, it has ceased all
operations except for the purposes of winding up which will include (i) the
redemption of the outstanding Public Shares (as defined below) in the capital
of the Company in accordance with the Articles (as defined below) (the
"Redemption") and (ii) the delisting and deregistration all of the outstanding
Class A ordinary shares in the capital of the Company of €0.0001 par value
("Class A Shares") and warrants (the "Warrants" with each such whole Warrant
allowing the holder to purchase one Class A Share) from Euronext Amsterdam
(the "Delisting").

The Redemption will be completed in accordance with section 162(a) of the
Articles with the redemption price (the "Redemption Price") anticipated to be
€10.88 for each outstanding Class A Share which is not held by EAC Sponsor
Limited (the "Sponsor") or its affiliates (each a "Public Share" and, in
aggregate, the "Public Shares").

The ex date for the payment of the Redemption Price will be 6 February 2024.

The Redemption Price is expected to be paid in respect of each Public Share on
8 February 2024.

Pursuant to their terms and conditions the Warrants expired worthless
following the lapse of the Business Combination Deadline (as defined in the
Articles) and will be delisted on 2 February 2024.

The delisting of the Class A Shares will take place on 7 February 2024.

Capitalised terms used in this announcement that are not otherwise defined,
shall have the meaning ascribed to such terms in the Second Amended and
Restated Articles of Association of the Company (the "Articles").

The terms and conditions of the Warrants can be found on the Company's website
at www.epicacquisitioncorp.com/investorrelations/listing-documentation.php

DISCLAIMER

This announcement contains information that qualifies, or may have qualified,
as inside information within the meaning of Article 7(1) of the EU Market
Abuse Regulation.

ENQUIRIES

For more information, visit www.epicacquisitioncorp.com
(http://www.epicacquisitioncorp.com) or contact:

James Henderson

james.henderson@epicip.com (mailto:james.henderson@epicip.com)

EPIC Investment Partners, Audrey House, 16-20 Ely Place, London EC1N 6SN

Chris Scoular

chris.scoular@ttbpartners.com

TTB Partners, 11/F Winsome House, 73 Wyndham Street, Central, Hong Kong

 

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