Result of General Meeting

All Things Considered Group PLC

08 March 2024

 

8 March 2024

All Things Considered Group plc

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

Result of General Meeting

All Things Considered Group plc (AQSE: ATC), the independent music company housing artist representation and music industry services, is pleased to announce that at its General Meeting held earlier today, all Resolutions as set out in the Circular dated 20 February 2024 (the "Circular") relating to the conditional subscription to raise £2.3 million (before expenses) were duly passed. The proxy and in-person votes received from Shareholders on each Resolution were as follows:

	For		Against		Withheld*
	Votes	%	Votes	%
Ordinary Resolution
To authorise the directors to allot ordinary shares	6,311,544	100	0	0	0
Special Resolution
To disapply Section 561 of the Companies Act 2006	6,311,544	100	0	0	0

*A vote withheld is not a vote in law and counts neither "For" nor "Against" the relevant Resolution.

Admission and Total Voting Rights

Accordingly, application has been made to the Aquis Stock Exchange for a total of 2,232,905 New Ordinary Shares to be admitted to trading on AQSE. Admission and dealings in the 2,232,905 New Ordinary Shares are expected to commence at 8.00 a.m. on 14 March 2024. The New Ordinary Shares will rank pari passu with the Existing Ordinary Shares. Following Admission, the enlarged share capital of the Company will consist of 16,359,649 Ordinary Shares, none of which are held in treasury. Therefore, the total number of voting rights in the Company will be 16,359,649 and this figure may 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.

This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 20 February 2024, a copy of which is available on the Company's website at: https://www.atcgroupplc.com/investors/.

The same definitions apply throughout this announcement as are applied in the Circular unless otherwise defined.

The person responsible for the release of this announcement on behalf of the Company is Adam Driscoll, Chief Executive Officer.

For more information, please contact: 

ATC Group Via Alma Strategic Adam Driscoll, CEO  Rameses Villanueva, CFO Panmure Gordon (UK) Limited [phone] AQSE Corporate Adviser and Broker  James Sinclair-Ford / Mark Rogers / Freddie Wooding Hugh Rich / Sam Elder Alma Strategic   Communications [phone]  Hilary Buchanan / Justine James / Robyn Fisher

About ATC

ATC Group is an independent music company combining talent management, live booking and direct to consumer within the same group.

The Group is headquartered in London, with offices in Los Angeles, New York and Copenhagen. ATC Group Plc is led by an experienced management team who have operated across multiple music industry sectors.

The Group has an established, long-standing client base which, together with innovative new offerings, gives the Directors confidence that the company is well positioned to capitalise on the opportunities emerging from a disrupted music industry.

The Group's key divisions, grouped under three segments, are:

Artist representation

·    ATC Management (Europe and USA) - artist management and development

·    ATC Live - live event booking agency for artists

Services

·    Sandbag - a market leading merchandising and 'Direct to Consumer' business

·    ATC Media- providing consultancy and development services

·    Your Army USA - marketing and promotions agency specialising in dance and electronic music

·    Familiar Music - synchronisation agency placing music in films, TV, advertisements and other media

·    Minority interest in Driift - a global livestreaming operator

Events

·    ATC Experience - developing live theatrical events and digital experiences with artists

·    McKeown Asset Limited -promoter of live music events and festival management

 For more information see: www.atcgroupplc.com

 

END