1 May 2024
Electric Guitar PLC
("Electric Guitar"
or the "Company")
Result of General
Meeting
Admission to AIM and notice
of cancellation of listing on the Official List and trading on the
Main Market
Electric Guitar PLC (LSE: ELEG), the Special
Purpose Acquisition Company seeking acquisitions in the digital
marketing and advertising industry as a provider of first-party
data solutions, is pleased to announce that
at the Company's General Meeting held earlier today, all
resolutions proposed were duly passed. Accordingly, the Proposals
announced on 15 April 2024, including the acquisition of 3radical
Limited and fundraising, are now expected to complete on Friday, 3
May 2024 on admission of the Enlarged Share Capital to trading on
AIM.
Following the passing of the
Resolutions at today's General Meeting, the Company has requested
that the FCA cancels the Company's Ordinary Shares from the
Official List and trading on the Main Market of the London Stock
Exchange with effect from 8.00 a.m. on 3 May 2024.
Detailed results from the General Meeting
At the General Meeting held earlier
today all resolutions were duly passed on a show of hands with the
following table summarising proxy votes:
Resolution
|
Votes for
|
Votes
against
|
Approval
|
Withheld
|
Ordinary Resolutions
|
Shares
|
Shares
|
%
|
Shares
|
Resolution 1
|
25,155,258
|
-
|
100
|
-
|
Resolution 2
|
25,155,258
|
-
|
100
|
-
|
Resolution 3
|
25,155,258
|
-
|
100
|
-
|
Resolution 4
|
25,155,258
|
-
|
100
|
-
|
Resolution 5
|
25,155,258
|
-
|
100
|
-
|
The number of Existing Ordinary
Shares in issue at the time of the General Meeting on 1 May 2024
was 57,862,776. A vote withheld is not a vote in law and is not
counted in the calculation of the proportion of votes 'For' or
'Against' a resolution.
The
same definitions apply throughout this announcement as those set
out in the Company's announcement published on 15 April 2024,
unless the context requires otherwise.
For further
information:
Electric
Guitar PLC
John Hutchinson
Chair
|
01189 570
444
|
Allenby
Capital
(Nominated
Adviser and Joint Broker)
Jeremy Porter/ Piers Shimwell/ Dan
Dearden-Williams (Corporate Finance)
Stefano Aquilino (Equity Sales)
|
020 3328
5656
|
Axis Capital
Markets
(Joint
Broker)
Richard Hutchison
|
020 3026
0320
|
Yellow Jersey
PR
Sarah Hollins
Annabelle Wills
Bessie Elliot
|
020 3004
9512
electric@yellowjerseypr.com
|
|
Notes to Editor
Electric Guitar PLC (AIM: ELEG) is the provider
of first-party data solutions for the marketing and advertising
industry, empowering businesses to realise the value of their
first-party data. In an era of changing consumer attitudes towards
the use of their data, tighter privacy legislation, and the demise
of third-party cookies, first-party data is now the key to success
in digital marketing. Electric Guitar's strategy is to acquire and
scale businesses that help marketers maximise the value of
first-party data by curating, managing, and deploying it, and in
doing so making Electric Guitar the industry standard for
first-party data solutions. As the first part of this
strategy, Electric Guitar has acquired 3radical Limited, a company
that utilises its Software as a Service platform, 3radical Voco, to
enable organisations to engage individuals and request their data
directly using interactive digital experiences.
For further information please
visit www.electricguitarplc.com.