Issue of Equity and TVR

RNS Number : 6409L

Gfinity PLC

14 September 2021

 

14 September 2021

Gfinity PLC  

("Gfinity", or the "Company") 

Issue of Equity and Total Voting Rights

Gfinity (AIM: GFIN), a world-leading esports and gaming solutions provider, has issued 9,000,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") to satisfy the consideration of the acquisition of SiegeGG as announced on 8 September 2021 (the "Consideration Shares").

Further to the above, the Company also announces the issue of 11,000,000 Ordinary Shares to satisfy warrant exercises. This issue is covered by a previous block listing.

Following the above exercise, the number of outstanding warrants in the Company has reduced to 9,050,000 warrants, each at an exercise price of 1p per ordinary share.

Application has been made to the London Stock Exchange for the Consideration Shares to be admitted to trading on AIM. Admission of the Consideration Shares is expected to become effective on or around 17 September 2021.

The Company's issued share capital as at 14 September 2021 comprises 1,095,513,248 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 1,095,513,248.   This figure should be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

 For further information:
 

Gfinity plc  John Clarke, CEO	www.gfinityplc.com Via Teneo
Investor relations	[e-mail]
Teneo        (Media)	Tel: [phone]
Anthony Di Natale	[e-mail]
Canaccord Genuity Limited       (AIM Nominated Adviser & Broker)	Tel: [phone]
Bobbie Hilliam / Georgina McCooke

About Gfinity

Gfinity (AIM: GFIN) is a world leading esports business. Created by gamers for the world's 2.7 billion gamers, Gfinity has a unique understanding of this fast-growing global community.  It uses this expertise both to provide advisory services and to design, develop and deliver unparalleled experiences and winning strategies for game publishers, sports rights holders, commercial partners and media companies.

Gfinity connects its partners with the esports community in authentic and innovative ways. This consists of on‑ and off-line competitions and industry‑leading content production. Relationships include EA SPORTS, Activision Blizzard, F1 Esports Series and the Forza Racing Championship.

Gfinity connects directly with tens of millions of gamers each month through its digital media group, Gfinity Digital Media. Gfinity Digital Media includes websites such as: Gfinityesports, RealSport101, StealthOptional, RacingGames.gg, MTGRocks.com and their respective social channels.

All Gfinity services are underpinned by the Company's proprietary technology platform delivering a level playing field for all competitors and supporting scalable multi-format leagues, ladders and knockout competitions.

 

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