Oberon Investments Group PLC Deferred Consideration Payment and TVR (9417D)
27 June 2023 - 4:00PM
UK Regulatory
TIDMOBE
RNS Number : 9417D
Oberon Investments Group PLC
27 June 2023
27 June 2023
Oberon Investments Group plc
("Oberon", or the "Company")
Smythe House Limited deferred consideration payment and Total
Voting Rights
Oberon Investments Group plc (AQSE: OBE) ("the Group"), the
boutique investment management, wealth planning and corporate
broking group , announces today the payment of the second tranche
of deferred consideration in relation to the acquisition of Smythe
House Limited, first announced on 28 May 2021.
The second and final tranche payment will comprise the issue of
1,063,707 new ordinary shares in Oberon plus GBP61,324 in cash. At
the current market price of 3.9p per Oberon ordinary share, the
value of the new shares being issued equates to GBP41,485 and hence
the total value of this second tranche payment amounts to
GBP102,809. Admission of the new ordinary shares is expected to
occur on or around 30 June 2023.
In accordance with the AQSE Growth Market Access Segment's
Disclosure Guidance and Transparency Obligations, following the
issue of these new shares, which will be admitted to the market on
or around the 30 June 2023, the Company's issued share capital
consists of 536,058,547 Ordinary Shares of 0.5p, each with one
voting right. The Company does not hold any Ordinary Shares in
treasury. Therefore, the total number of voting rights in the
Company is 536,058,547.
The above figure of 536,058,547 should 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 to their interest in, the share capital of the
Company under the AQSE Growth Market Access Segment's Disclosure
Guidance and Transparency Obligations.
The directors of Oberon Investments Group plc accept
responsibility for this announcement.
This announcement contains information which, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended).
For further information, please contact:
Oberon Investments Group
plc
Simon McGivern / Galin Ganchev Via Novum Securities
AQSE Corporate Adviser and
Broker
Novum Securities Limited 020 7399 9400
Richard Potts / George Duxberry
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END
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