REG - TPXimpact Holdings - Issue of Shares

Tpximpact HoldingsAnnouncement

24/02/2023 07:01

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230224:nRSX8814Qa&default-theme=true

RNS Number : 8814Q  TPXimpact Holdings PLC  24 February 2023

 

 

24 February 2023

TPXimpact Holdings PLC

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

 

Issue of Shares

 

 

TPXimpact Holdings PLC (AIM: TPX), the technology-enabled services company
focused on digital transformation, announces that the Company has today issued
360,010 new ordinary shares of 1 penny each ("Ordinary Shares") in respect of
outstanding acquisition consideration totalling £299,267 (the "Earnout
Shares").

 

Following the issue of the Earnout Shares, the Company has additional future
consideration to pay totalling £232,500 subject to the achievement of the
requirement earnout milestones. The maximum number of further Ordinary Shares
to be issued in respect of this consideration is 283,537. Further details of
the share issues are set out below:

 

 Value of future consideration payable  Minimum share price  Max shares to be issued
 £232,500                               82p                  283,537

 

 Timing of payment of acquisition consideration  Value
 Within the next 6 months                        £232,500
 Between 6-12 months                             0
 After 12 months                                 0

 

 

Admission to trading and total voting rights

 

An application has been made for the admission of the Earnout Shares to
trading on AIM which is expected to take place on or around 27 February 2023.

 

The new Ordinary Shares issued and admitted to trading will rank pari
passu in all respects with the existing Ordinary Shares.

 

Therefore, following this issue of the Earnout Shares, TPXimpact Holdings
PLC's (AIM: TPX) total issued share capital consists of 91,876,019 ordinary
shares of 1 penny each ("Ordinary Shares"). The Company does not hold any
Ordinary Shares in treasury.

 

Therefore, the total number of voting rights in the Company is 91,876,019.

The above figure of 91,876,019 may be used by shareholders 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 Company under
the FCA's Disclosure and Transparency Rules.

 Enquiries:

 TPXimpact Holdings               Via Alma PR

 Steve Winters, Group CFO

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

 (Nomad and Joint Broker)

 Alex Price

 Fred Walsh

 Ben Burnett

 Dowgate Capital Limited          +44 (0) 203 903 7715

 (Joint Broker)

 James Serjeant

 David Poutney

 Russell Cook

 Alma PR                          tpx@almapr.co.uk

 (Financial PR)                   +44 (0) 203 405 0209

 Josh Royston

 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.65% of its
client base representing the public sector and c.35% representing the
commercial sector.

More information is available at www.tpximpact.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  IOEFLFVLFSIVFIV