Notice of Requisition of General Meeting

Merit Group PLC

14 January 2025

 

Merit Group plc

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

14 January 2025

Notice of Requisition of General Meeting

Merit Group plc (AIM: MRIT), the data and intelligence business, announces that on 13 January 2025, it received a letter from major shareholder, Michael Anthony Ashcroft, the legal holder of 10,061,771 Ordinary Shares, representing 42.0% of the issued ordinary share capital, in the Company.

The Letter requests the Company to convene a general meeting of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the "Act") and consider a resolution to delist the company from the AIM market, to have effect on or prior to 1 March 2025.

The board of directors intends to comply with its obligations in accordance with section 304 of the Act which requires it to call a general meeting within 21 days of receipt of a valid requisition and to hold such general meeting on a date not more than 28 days after the date of the notice convening such general meeting.

Shareholders are advised to take no action at this time. Further announcements will be made in due course.

For further information, please contact: 

Merit Group plc Mark Smith - Chairman Phil Machray - CEO & CFO	020 7593 5500 www.meritgroupplc.com
Canaccord Genuity Limited (Nomad and Broker) Bobbie Hilliam    Harry Pardoe	020 7523 8150

 

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