Proxama PLC Result of AGM and GM (8992L)
24 July 2017 - 8:54PM
UK Regulatory
TIDMPROX
RNS Number : 8992L
Proxama PLC
24 July 2017
24 July 2017
Proxama Plc
("Proxama" or the "Company")
Result of AGM and GM
Total Voting Rights
Proxama plc (AIM: PROX), the leading mobile proximity marketing
expert, is pleased to announce that, at its annual general meeting
("AGM") and subsequent general meeting ("GM") held today all
resolutions put forward were duly passed.
Total Voting Rights
Application has been made for the 181,800,000 VCT Placing Shares
and 185,701,733 EIS Open Offer Shares to be admitted to trading on
AIM, with admission expected to become effective at 08:00 A.M. on
25 July 2017 ("First Admission").
Application has also been made for the 1,000,000,000 Conversion
Shares, 4,984,866,667 General Placing Shares and 4,984,047,399 Open
Offer Shares to be admitted to trading on AIM, with admission
expected to become effective at 08:00 A.M. on 26 July 2017 ("Second
Admission").
Following Second Admission, the Company will have 13,745,747,069
Ordinary Shares of 0.01 pence each in issue with each Ordinary
Share carrying the right to one vote. There are no Ordinary Shares
currently held in treasury. The total number of voting rights in
the Company therefore will be 13,745,747,069 and this figure may be
used by shareholders as the denominator for the calculations by
which they determine if they are required to notify their interest
in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure Rules and Transparency
Rules.
Directors' participation
The following table sets out the Directors' shareholdings and
percentage interests in the issued share capital of the Company
following Second Admission, for shares taken up by Directors in
both the Placing and Open Offer:
Ordinary Shares Participation Immediately
Prior to Placing in the Placing following Second
and Open Offer Admission
--------------------- -------------------------- ----------------------- ----------------------------
Percentage
Number of issued Number Total Percentage
of Existing Existing Number of Open Number of Enlarged
Ordinary Ordinary of Placing Offer of Ordinary Share
Shares Shares Shares Shares Shares Capital
--------------------- ------------- ----------- ------------ --------- ------------- -------------
Current, Proposed
and Past Directors
--------------------- ------------- ----------- ------------ --------- ------------- -------------
Kelvin Harrison
(Non- Executive
Chairman) - - 66,666,666 - 66,666,666 0.48%
--------------------- ------------- ----------- ------------ --------- ------------- -------------
John Kennedy
(Chief Executive
Officer) 800,000 0.03% 83,333,333 - 84,133,333 0.61%
--------------------- ------------- ----------- ------------ --------- ------------- -------------
Shaun Gregory
(Non-Executive
Director) - - 166,666,666 - 166,666,666 1.21%
--------------------- ------------- ----------- ------------ --------- ------------- -------------
Mark Slade
(Managing
Director) - - 100,000,000 - 100,000,000 0.73%
--------------------- ------------- ----------- ------------ --------- ------------- -------------
Dan Francis
(Chief Strategic
Officer) - - 83,333,333 - 83,333,333 0.61%
--------------------- ------------- ----------- ------------ --------- ------------- -------------
David Bailey
(Previous
Deputy Chairman) 33,342,125 1.38% 166,666,666 - 200,008,791 1.46%
--------------------- ------------- ----------- ------------ --------- ------------- -------------
Total 34,142,125 1.42% 666,666,664 - 700,808,789 5.10%
--------------------- ------------- ----------- ------------ --------- ------------- -------------
Unless otherwise defined in this announcement, defined terms
used have the meaning given to them in the Circular posted to
Shareholders on 30 June 2017.
The announcement contains information which, prior to its
disclosure, was inside information for the purposes of the Market
Abuse Regulation.
Enquiries:
Proxama PLC Via Redleaf
John Kennedy
Peel Hunt LLP
(Nominated Adviser and Broker)
Richard Kauffer/Euan Brown 020 7418 8900
Redleaf Communications
Charlie Geller/Elise Palmer/Sam Modlin 020 7382 4769
This information is provided by RNS
The company news service from the London Stock Exchange
END
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