REG - TPXimpact Holdings - Completion of Acquisitions, Issue of Equity & TVR

Tpximpact HoldingsAnnouncement

08/04/2022 07:00

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RNS Number : 7246H  TPXimpact Holdings PLC  08 April 2022

8 April 2022

TPXimpact Holdings PLC

 

("TPXimpact", "TPX" or the "Company")

 

Completion of Peak Indicators Ltd and Swirrl IT Ltd Acquisitions

 

Issue of Equity and Total Voting Rights

 

TPXimpact Holdings PLC, the technology-enabled services company focused on
digital transformation, is pleased to confirm completion of the acquisitions
of Peak Indicators Ltd and Swirrl IT Ltd. Further details on those
acquisitions are set out in the Company's announcement on 23 March 2022.

 

With the completion of these two strategically key and earnings enhancing
acquisitions, TPXimpact has significantly bolstered its AI, data analytics and
data science capabilities, broadening the overall market opportunity for TPX
and its array of services in digital transformation. Furthermore, the
acquisitions will reduce the Company's reliance on third-party contractors and
strengthen commercial relationships with technology partners such as Oracle,
Infor Birst, Solidatus and Microsoft.

 

Admission to Trading and Total Voting Rights

 

An application has been made for the admission of 1,827,776 new ordinary
shares in TPXimpact, being the aggregate number of shares issued and allotted
in consideration for the acquisitions, (the "Consideration Shares") to trading
on AIM which is expected to take place on or around 13 April 2022.

 

Following this issue of the Consideration Shares the Company will
have 89,214,371 Ordinary Shares in issue and no Ordinary Shares in
treasury. Therefore, the total voting rights in TPXimpact will
be 89,214,371. This figure may be used by shareholders as the denominator
for the calculation by which they may determine if they are required to notify
their interest in, or change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

 TPXimpact Holdings

 Neal Gandhi (CEO)                Via Alma PR

 Oliver Rigby (CFO)

 Stifel Nicolaus Europe Limited   +44 (0) 207 710 7600

 (Nomad and Joint Broker)

 Alex Price

 Fred Walsh

 Ross Poulley

 Dowgate Capital Limited          +44 (0) 203 903 7715

 (Joint Broker)

 James Serjeant

 Russell Cook

 Alma PR                          tpx@almapr.co.uk

 (Financial PR)                   +44 (0) 203 405 0205

 Susie Hudson

 Kieran Breheny

 Matthew Young

 

About TPXimpact

 

TPXimpact exists to transform the organisations, services and systems that
underpin society and that drive business success. It applies strategic and
creative thinking, technology, innovative design and user-centred approaches
to bring about numerous improvements which together multiply the impact of
change.

 

The Company works closely with its clients in agile, multidisciplinary teams
that span organisational design, technology, and digital experiences. It
shares a deep understanding of people and behaviours and a philosophy of
putting people and communities at the heart of every transformation.

 

The business is being increasingly recognised as a leading alternative digital
transformation provider to the UK public services sector, with c.75% of its
client base representing the public sector and c.25% representing the
commercial sector.

 

More information is available at www.tpximpact.com.

 

 

 

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