Result of General Meeting and Total Voting Rights

RNS Number : 6852T

Kape Technologies PLC

26 March 2021

 

26 March 2021

Kape Technologies plc

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

Result of General Meeting and Total Voting Rights

Further to the announcement of 8 March 2021 regarding the acquisition of Webselenese Ltd. and the announcement of 10 March 2021 that a circular had been posted to shareholders convening a general meeting for 11.00am today in order to seek shareholders' authority for the allotment of the consideration shares in relation to the acquisition and refresh the Company's general authorities to allot ordinary shares and dis-apply pre-emption rights , Kape (AIM: KAPE), the consumer-focused digital privacy and security business, announces that all resolutions proposed at the general meeting held earlier today were duly passed on a poll.

Further to the passing of Resolution 1, application has been made for 12,123,769 new ordinary shares of US$0.0001 each ("Ordinary Shares") being issued to the vendors of Webselenese (the "Consideration Shares"), to be admitted to trading on the AIM market of the London Stock Exchange and it is expected that admission will take place and trading in the Consideration Shares will commence on 31 March 2021 ("Admission").

The total number of votes received on each resolution were as follows:

Resolutions	Votes For	% of Votes	Votes Against	% of Votes	Total Votes	Votes cast as % of voting rights	Votes Withheld
To authorise the directors to allot the consideration shares	133,949,098	100	2,839	0	133,951,937	63.54	0
To authorise the directors generally to exercise all powers of the Company to allot o rdinary shares .	133,557,830	99.71	394,107	0.29	133,951,937	63.54	0
To disapply pre-emption rights	131,837,354	98.42	2,109,754	1.58	133,947,108	63.54	4,829

Notes:

1.  Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2.      The Company's issued share capital at the date of the meeting was 221 , 668 , 978 ordinary shares. There are now 9 ,655,417 ordinary shares held in treasury and 1,200,000 ordinary shares held by the Kape Technologies Plc Employee Benefit Trust, the voting rights to which have been waived. Therefore, the total number of voting rights at the date of the meeting was 210,813,561. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

Total Voting Rights

Following Admission, the total number of voting rights in Kape will be 222,937,330,  which is the figure which 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, Ordinary Shares under the FCA's Disclosure and Transparency Rules.  

The Company holds 9,655,417 Ordinary Shares in treasury and the Kape Technologies plc Employee Benefit Trust holds 1,200,000 Ordinary Shares, the voting rights to which have been waived. Therefore, following Admission of the Consideration Shares , the  Company's issued share capital will consist of 233,792,747 Ordinary Shares.

Enquiries:

Kape Technologies plc Ido Erlichman, Chief Executive Officer Moran Laufer, Chief Financial Officer	via Vigo Communications
Shore Capital  (Nominated Adviser & Broker) Mark Percy / Toby Gibbs / James Thomas / Michael McGloin	[phone]
Stifel Nicolaus Europe Limited   (Joint Broker) Alex Price / Brad Topchik / Alain Dobkin /   Richard Short	[phone]
Vigo Communications   (Financial Public Relations) Jeremy Garcia / Antonia Pollock [e-mail]	[phone]

About Kape

Kape is a leading 'privacy-first' digital security software provider to consumers. Through its range of privacy and security products, Kape focuses on protecting consumers and their personal data as they go about their daily digital lives.

To date, Kape has over 2.5 million paying subscribers, supported by a team of over 350 people across eight locations worldwide.

Through its subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards serving the vast global consumer digital privacy market.

www.kape.com    

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