Result of General Meeting and Total Voting Rights

RNS Number : 3466K

Gfinity PLC

21 April 2020

 

21 April 2020

Gfinity plc

("Gfinity" or the "Company")

Result of General Meeting and Total Voting Rights

Gfinity plc (AIM: GFIN), a world-leading esports solutions provider, is pleased to announce that all resolutions put to shareholders at the Company's General Meeting held earlier today have been passed.  As a result, the 168,160,833 new ordinary shares of 0.1p each in the Company being issued pursuant to the subscription and placing of shares announced on 2 April 2020 (the "Placing") are expected to be admitted to trading on AIM on 23 April 2020 ("Admission") to complete the Placing. 

Details of the subscriptions in the Placing by certain directors of the Company were announced on 2 April 2020 and are set out in the tables at the end of this announcement.

Total Voting Rights

On Admission, the Company will have 704,563,753 ordinary shares of 0.1p each in issue, each with one voting right.  There are no shares held in treasury. Therefore, the Company's total number of ordinary shares and voting rights is 704,563,753.

The above figure of 704,563,753 may be used by shareholders from Admission 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.

Enquiries:

John Clarke, Gfinity	[e-mail]
Jeremy Porter, Allenby Capital (Broker and Nominated Adviser)	[phone]
Camilla Cunningham, Teneo (media)	[phone]

About Gfinity

Gfinity is a world leading esports business. Created by gamers for the world's 2.2 billion gamers, Gfinity has a unique understanding of this fast-growing global community.  It uses this expertise to provide both 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. Partnerships include EA SPORTS, Activision Blizzard, F1 Esports Series and the Forza Racing Championship.

Gfinity connects directly with competitive gaming consumers through its growing community of gamers and its owned competition platform, the "Gfinity Elite Series".

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 knock out competitions.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	J ohn Clarke
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gfinity plc
b)	LEI	213800GNV14EDQNRWI17
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.1p each in Gfinity plc Identification code (ISIN) for Gfinity plc ordinary shares: GB00BT9QD572
b)	Nature of the transaction	Sale and Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1p 500,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transactions	23 April 2020
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Hall
2	Reason for the notification
a)	Position/status	Chief Finance and Operating Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gfinity plc
b)	LEI	213800GNV14EDQNRWI17
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.1p each in Gfinity plc Identification code (ISIN) for Gfinity plc ordinary shares: GB00BT9QD572
b)	Nature of the transaction	Sale and Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1p 500,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transactions	23 April 2020
f)	Place of the transaction	London Stock Exchange, AIM

The information set out in this announcement is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

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