REG - TheWorks.co.uk PLC - Results of the General Meeting

Works co ukAnnouncement

04/04/2024 10:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240404:nRSD3316Ja&default-theme=true

RNS Number : 3316J  TheWorks.co.uk PLC  04 April 2024

FOR IMMEDIATE RELEASE

 

4 April 2024

TheWorks.co.uk plc

("The Works" or the "Company")

Results of the General Meeting

 

The Company announces that the Resolution put to the General Meeting of the
Company held at 9.30 a.m. on 4 April 2024 was approved by the requisite
majority of shareholders by a poll, and therefore the Company will apply to:
(i) cancel the listing of the Ordinary Shares on the Official List and to
remove such Ordinary Shares from trading on the Main Market of the London
Stock Exchange; and (ii) admit the Ordinary Shares to trade on AIM.

 

A copy of the Resolution passed at the General Meeting will shortly be
available for inspection via the Financial Conduct Authority's National
Storage Mechanism located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's
website.

 

The following table provides details of the results of the poll in respect of
the Resolution:

 

 No  RESOLUTION                                                                       VOTES FOR   %      VOTES AGAINST  %     TOTAL VOTES  % OF ISC VOTED  VOTES WITHHELD
 1   (a)   Cancel the listing of the issued ordinary shares in the Company on the     40,372,583  99.76  95,377         0.24  40,467,960   64.75           71
     premium segment of the Official List of the Financial Conduct Authority and to
     remove such ordinary shares in the Company from trading on the London Stock
     Exchange plc's main market for listed securities; and

     (b)   Apply for admission of the issued ordinary shares in the Company to
     trading on AIM, the market of that name operated by London Stock Exchange plc

 

Next Steps

 

It is expected that the last day of dealings in the Ordinary Shares on the
Main Market will be 2 May 2024. Cancellation of the listing of the Ordinary
Shares on the Official List is expected to take effect at 8.00 a.m. on 3 May
2024, and dealing in the Ordinary Shares is expected to commence on AIM, at
8.00 a.m. on 3 May 2024.

 

In connection with the application of Ordinary Shares to be admitted to
trading on AIM, the Company expects to submit to AIM shortly a pre-admission
announcement (Schedule One announcement) in accordance with Rule 2 of the AIM
Rules for Companies and publish on its website a document containing all
information that will be required to be included in an AIM Admission Document
which is not currently public.

 

Except as otherwise defined herein, capitalised terms have the same meanings
as set out in the Circular dated 19 March 2024.

 

Neither the content of the Company's website nor the content of any website
accessible from hyperlinks on the Company's website (or any other website) is
incorporated into, or forms part of, this announcement nor, unless previously
published by means of a recognised information service, should any such
content be relied upon in reaching a decision as to whether or not to acquire,
continue to hold, or dispose of, securities in the Company.

 

 Enquiries:

 TheWorks.co.uk plc

 Gavin Peck, CEO                            via Sanctuary Counsel

 Rosie Fordham, CFO

 Singer Capital Markets (Nomad and Broker)

 Peter Steel                                020 7496 3000

 Alaina Wong

 
 Jalini Kalaravy

 Sanctuary Counsel (PR Adviser)

 Ben Ullmann                                020 7340 0395

 Rachel Miller                              theworks@sanctuarycounsel.com

 Kitty Ryder

 

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  ROMUPUUACUPCURC