REG - Huddled Group PLC - Result of GM

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RNS Number : 2781W  Huddled Group PLC  11 March 2026

 

11 March 2026

 

Huddled Group plc

 

("Huddled", the "Company" or the "Group")

 

Result of General Meeting

 

Huddled Group plc (AIM:HUD), the circular economy e-commerce group is pleased
to confirm that at its General Meeting ("GM") held earlier today, all
resolutions were duly passed.

 

The total number of proxy votes received on each resolution were as follows:

 

 Resolution    For          %      Against  %     Withheld
 1 (ordinary)  197,541,380  99.7%  515,135  0.3%  961
 2 (ordinary)  197,541,380  99.7%  515,135  0.3%  961
 3 (special)   197,541,380  99.7%  515,135  0.3%  961
 4 (special)   197,490,380  99.7%  536,135  0.3%  30,961

 

At the GM, inter alia, a resolution was passed which granted the authorities
to issue the remaining 5,328,572 Ordinary Shares(1) (the "New Ordinary
Shares") pursuant to the subscription announced on 10 February 2026.

 

Admission and Total Voting Rights

 

Application has been made for the New Ordinary Shares to be admitted to
trading on AIM ("Admission"). Admission is expected to take place on or around
12 March 2026.  Upon Admission, the New Ordinary Shares will rank pari passu
in all respects with the existing Ordinary Shares.

 

Following Admission and inclusive of indirect holdings, Martin Higginson, a
director of the Company, will hold 14.64% of the Ordinary Shares in the
Company.

 

Certain of the Company's shareholders are deemed to be acting in concert in
accordance with The Takeover Code ("the Concert Party"). Following Admission,
the Concert Party holding will remain unchanged at 46.40% of the Ordinary
Shares in the Company.

 

Following Admission, the total number of Ordinary Shares and voting rights in
the Company will be 434,055,717. The Company does not hold any shares in
treasury.

 

The above 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 and Transparency Rules.

 

(1)ordinary shares of 0.040108663 pence each in the Company ("Ordinary
Shares")

 

 

 

Enquiries:

For further information please visit www.huddled.com/investors, or contact:

 

 Huddled Group plc                                       investors@huddled.com

 Martin Higginson

 Michael Ashley

 Daniel Wortley

 Paul Simpson

 Zeus (Nominated Adviser and Joint Broker)               Tel + 44 (0) 203 829 5000

 James Hornigold, George Duxberry (Investment Banking)

 Dominic King (Corporate Broking)

 Shard Capital LLP (Joint Broker)

 Erik Woolgar

 Damon Heath

 Alma Strategic Communications (Financial PR)            huddled@almastrategic.com

 Rebecca Sanders-Hewett

 Sam Modlin

 

 

 1.      Details of the person discharging managerial responsibilities / person closely
         associated
 a.      Name                                                          M Capital Investment Partners Limited
 2.      Reason for the notification
 a.      Position/status                                               A company wholly-owned by Martin Higginson, a Director of the Company
 b.      Initial notification /Amendment                               Initial notification
 3.      Details of the issuer, emission allowance market participant, auction
         platform, auctioneer or auction monitor
 a.      Name                                                          Huddled Group plc
 b.      LEI                                                           894500TW3TTWSJ7DYP93
 4.      Details of the transaction(s): section to be repeated for (i) each type of
         instrument; (ii) each type of transaction; (iii) each date; and (iv) each
         place where transactions have been conducted
 a.      Description of the financial instrument, type of instrument   Ordinary Shares of 0.040108663 pence

         Identification code                                           Identification code (ISIN) for Huddled Group plc ordinary
                                                                       shares: GB00BD5JRP64
 b.      Nature of the transaction                                     Subscription of ordinary shares
 c.      Price(s) and volume(s)                                        Price(p)  Shares
                                                                       1.75p     984,990
 d.      Aggregated information

         Aggregated volume                                             N/A

         Price
 e.      Date of the transaction                                       11 March 2026
 f.      Place of the transaction                                      London Stock Exchange

d.

Aggregated information

Aggregated volume

Price

 

N/A

e.

Date of the transaction

11 March 2026

f.

Place of the transaction

London Stock Exchange

 

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