Posting of Notice of General Meeting

Investment Evolution Credit PLC

01 October 2024

 

                1 October 2024

Investment Evolution Credit plc

("IEC", the "Company" or the Group)

Posting of Notice of General Meeting

Investment Evolution Credit plc (AQSE: IEC) - 1 October 2024: IEC, a global fintech group specialising in online consumer loans, announces that, further to the announcement of 30 September 2024, the Company has posted a notice of general meeting ("General Meeting") to shareholders, convening a meeting to be held at the offices of the Company at 6^th Floor, 60 Gracechurch Street, London EC3V 0HR on 18 October at 3.00 p.m. The purpose of the General Meeting is to seek increased shareholder authorities to enable future equity fundraisings of up to £2.5 million to fund the Company's business plan and for general working capital purposes.

About IEC

IEC is an experienced regulated licensed lender under the consumer brand Mr. Amazing Loans in the United States with state consumer lending licenses/certificates of authority in the 6 states of California, Florida, Georgia, Illinois, Nevada and New Jersey and an established track-record of regulatory compliance for over 14 years. IEC plans to expand its United States lending model to the United Kingdom market in due course by providing £2,000 to £10,000 online personal loans with fixed affordable repayments, subject to the receipt of all necessary authorisations and permits.

The Directors of the Company accept responsibility for the contents of this announcement.

Enquiries:

Investment Evolution Credit plc
Marc Howells  CEO	[e-mail]
Cairn Financial Advisers LLP (IEC AQSE Corporate Adviser)
Ludovico Lazzaretti	[phone]
Jo Turner
Axis Capital Markets Limited (IEC Corporate Broker)
Ben Tadd	[phone]
Lewis Jones

For more information please visit: www.investmentevolution.com/investors

Caution Regarding Forward Looking Statements

Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions are intended to identify forward-looking statements. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. The Company cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of the Company only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.

 

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