Lift Global Ventures - Result of General Meeting
05/09/2022 15:57
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220905:nRSE3217Ya&default-theme=true
RNS Number : 3217Y Lift Global Ventures PLC 05 September 2022
5 September 2022
Lift Global Ventures Plc
("Lift" or the "Company")
Result of General Meeting
Completion of Acquisition of Miriad Limited
Lift Global Ventures Plc (AQSE:LFT) is pleased to announce that all
Resolutions proposed at the General Meeting of the Company held earlier today
were duly passed.
Following the approval of the Resolutions, the transaction, as announced on 8
August 2022, has become unconditional in all respects. Lift Global Ventures
Plc has therefore concluded the acquisition of Miriad Limited, which will
become a wholly owned subsidiary with effect from today's date.
The Directors of the Company have approved the issue and allotment of
4,166,666 Ordinary Shares ("Consideration Shares") and the payment of
£200,000 to the sellers of Miriad Limited (including, Zak Mir) in
satisfaction of the consideration. The Company will make an application for
the Consideration Shares to be admitted to trading.
Paul Gazzard, Non-Executive Chairman of Lift Global Ventures Plc, commented:
"I am delighted that the Miriad deal has been voted through today, as it
provides a firm foundation for Lift, so soon after the Company's IPO, upon
which to build further value for shareholders."
Enquiries:
Lift Global Ventures Plc
Zak Mir, CEO +44 (0)203 745 1865
Tim Daniel, Executive Director
Optiva Securities (AQSE Corporate Adviser and Broker)
Christian Dennis +44 (0)203 411 1881
Daniel Ingram
For more information please visit: www.liftgv.com (http://www.liftgv.com/)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NEXBSGDCSUGDGDU