REG - Pri0r1ty Intel Grp. - Issue of Equity and Total Voting Rights

Pri0r1ty IntelligenceAnnouncement

30/01/2025 07:30

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RNS Number : 2050V  Pri0r1ty Intelligence Group PLC  30 January 2025

30 January 2025

 

Pri0r1ty Intelligence Group PLC

("Pri0r1ty" or the "Company")

 

Issue of Equity and Total Voting Rights

 

Pri0r1ty Intelligence Group PLC (AIM: PR1), a leader in artificial
intelligence (AI) technologies for small and medium size enterprises (SMEs),
including the creation, development and deployment of AI agents to support
business growth, is pleased to announce the issuance of 370,370 new ordinary
shares of £0.003 each in the Company at a price of 13.5p per share (the
"Subscription Shares"), raising gross proceeds of £50,000 and completing the
previously agreed management subscription as referenced in the Company's AIM
Admission Document.

 

These shares have been subscribed for by Director Daniel Maling and PDMR
Daniel Gee and are subject to the AIM Rule 7 lock-in agreements.

 

Admission to Trading and Total Voting Rights

 

Application will be made for the Subscription Shares, which will rank pari
passu with the existing

ordinary shares, to be admitted to trading on AIM, with Admission expected to
become effective at 8:00 a.m. on or around 6 February 2025.

 

Following Admission, the total issued share capital of the Company will be
96,703,699 Ordinary Shares, with no shares in Treasury. Therefore, the total
current voting rights in the Company following Admission will be 96,703,699
and 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 in their interest in, the share capital
of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

If you would like to explore how Pri0r1ty AI can help drive time and cost
efficiency for your business, please contact plc@pri0r1ty.com
(mailto:plc@pri0r1ty.com)

 

 

For further information, please contact:

 

Pri0r1ty Intelligence Group PLC

James Sheehan, Chief Executive Officer

Email: ir@pri0r1ty.com

 

Nominated Adviser (NOMAD)

Beaumont Cornish Limited

James Biddle/ Roland Cornish

Email: james@b-cornish.co.uk

Tel: +44 (0) 20 7628 3396

 

Broker

Allenby Capital Limited

Kelly Gardiner/ Jeremy Porter/ Piers Shimwell

Tel: +44 (0) 20 3328 5656

 

Financial PR Adviser

Camarco

Marc Cohen, Gabriel Hedengren, Emily Hall

Email: Pri0r1ty@camarco.co.uk

Tel: +44 (0) 20 3757 4980

 

 

About Pri0r1ty Intelligence Group PLC

One of the few companies to list on AIM last year, Pri0r1ty Intelligence Group
is an AI company transforming professional growth services for SMEs. As an
SME, Pri0r1ty understands the unique challenges faced by smaller businesses
and has developed an AI Software-as-a-Service (SaaS) platform tailored to meet
these needs. Pri0r1ty's platform offers cost-effective solutions that automate
essential services like social media management, investor relations, and
corporate governance. By reducing reliance on expensive external providers,
the company empowers SMEs to streamline operations and focus on growth.

 

Nominated Adviser Statement

 

Beaumont Cornish Limited ("Beaumont Cornish"), is the Company's Nominated
Adviser and is authorised and regulated in the United Kingdom by the Financial
Conduct Authority. Beaumont Cornish's responsibilities as the Company's
Nominated Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM Rules for
Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont
Cornish is not acting for and will not be responsible to any other persons for
providing protections afforded to customers of Beaumont Cornish nor for
advising them in relation to the proposed arrangements described in the
announcement or any matter referred to in it.

 

 

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