Result of General Meeting and Admission
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.
("Checkit" or the "Company")
Result of General Meeting, Issue of Equity and Total Voting Rights
Checkit plc (AIM: CKT), is pleased to announce that all resolutions put to shareholders at the General Meeting held earlier today in connection with the Placing announced on 26 November 2021, were duly passed.
The Placing remains conditional, inter alia, upon Admission and the Placing Agreement not being terminated in accordance with its terms.
Admission of Placing Shares
Application has been made to the London Stock Exchange for the admission of 45,561,020 Ordinary Shares to trading on AIM and it is anticipated that that dealings will commence at 8.00 a.m. on 17 December 2021.
The Ordinary Shares to be issued in connection with the Placing will, when issued, rank pari passu with the Existing Ordinary Shares, including the right to receive future dividends.
Total Voting Rights
Following Admission, the Company will have 108,008,562 Ordinary Shares in issue. No shares are held in treasury, therefore, the total number of voting rights in the Company following Admission will be 108,008,562.
Shareholders may use this figure 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 issued share capital of the Company, under the FCA's Disclosure Guidance and Transparency Rules.
Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Circular, published by the Company on 29 November 2021.
Kit Kyte (Chief Executive Officer)
Greg Price (Chief Financial Officer)
+44 (0) 1223 643 313
Singer Capital Markets Securities Limited (Broker)
Singer Capital Markets Advisory LLP (Nominated Adviser)
Shaun Dobson / Harry Gooden / George Tzimas
+44 (0) 207 496 3000