REG - XP Factory PLC - Share Capital Reduction Effective

XP FactoryAnnouncement

01/04/2025 15:45

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RNS Number : 2054D  XP Factory PLC  01 April 2025

1 April 2025

 

XP Factory Plc

("XP Factory", the "Company")

Reduction of Capital becomes effective

XP Factory plc (AIM: XPF), one of the UK's pre-eminent experiential leisure
businesses, is pleased to announce that, following the sanction by the High
Court of Justice in England and Wales ("Court") of the cancellation of the
amount standing to the credit of the Company's share premium account ("Capital
Reduction") on 25 March 2025, the Capital Reduction has now become effective.
This follows the order of the Court confirming the Capital Reduction, and a
statement of capital approved by the Court, having been registered with the
Registrar of Companies.

Details of the Capital Reduction were set out in the General Meeting Notice
published by the Company on 14 February 2025 and the Capital Reduction was
approved by shareholders at a general meeting of the Company held on 5 March
2025. The Capital Reduction itself does not involve any distribution or
repayment of capital by the Company and does not change the total number of
shares issued by the Company.

Enquiries:

XP Factory Plc

https://www.xpfactory.com/ (https://www.xpfactory.com/)
 
+44 (0) 20 7846 3322

Richard Harpham (Chief Executive
Officer)

Graham Bird (Chief Financial
Officer)

 

Singer Capital Markets, NOMAD and Broker

https://www.singercm.com (https://www.singercm.com)
 
+44 (0) 20 7496 3000

Peter
Steel

James
Todd

 

IFC Advisory - Financial PR

https://www.investor-focus.co.uk/ (https://www.investor-focus.co.uk/)
 
+44 (0) 20 3934 6630

Graham
Herring

Florence Chandler

 

Notes to Editors:

About XP Factory plc

The XP Factory Group is one of the UK's pre-eminent experiential leisure
businesses which currently operates two fast growing leisure brands. Escape
Hunt is a global leader in providing escape-the-room experiences delivered
through a network of owner-operated sites in the UK, an international network
of franchised outlets in five continents, and through digitally delivered
games which can be played remotely.

Boom Battle Bar is a fast-growing network of owner-operated and franchise
sites in the UK that combine competitive socialising activities with themed
cocktails, drinks and street food in a high energy, fun setting. Activities
include a range of games such as augmented reality darts, Bavarian axe
throwing, 'crazier golf', shuffleboard and others. The Group's products enjoy
premium customer ratings and cater for leisure or teambuilding, in small
groups or large, and are suitable for consumers, businesses and other
organisations. The Company has a strategy to expand the network in the UK and
internationally, creating high quality games and experiences delivered through
multiple formats and which can incorporate branded IP content.
(https://xpfactory.com/) (https://xpfactory.com/)

Facebook:             EscapeHuntUK
BoomBattleBar

Twitter:                  @EscapeHuntUK
@boombattlebar

 Instagram:             @escapehuntuk
@boombattlebar

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