Result of General Meeting and Total Voting Rights

RNS Number : 5745N

Immedia Group PLC

01 February 2021

 

1 February 2021

For immediate release

Immedia Group Plc

("Immedia" or "the Company" or "the Group")

Result of General Meeting and Total Voting Rights

Immedia ( AIM: IME), a supplier of multi-media content and digital solutions for leading brands and global businesses announces, further to its announcement on 8 January 2021, the results of the voting on the resolutions at its General Meeting ("GM") held earlier today. A poll was held on each of the Resolutions and all Resolutions were passed by the requisite majority.

Resolutions 1 and 3 were proposed as ordinary resolutions and Resolutions 2, 4 and 5 were proposed as special resolutions.

The Poll results are set out below:

Resolution	Votes for	% of votes	Votes against	% of votes	Votes total	% of total voting rights
1. The Directors be and they are hereby generally and unconditionally authorised pursuant to section 551 of the Companies Act 2006 (the "Act") to allot shares in the Company as specified in the Notice of General Meeting.	5,435,097	94.93%	290,493	5.07%	5,725,590	22.38%
2. The Directors be and they are hereby empowered pursuant to sections 570 and 571 of the Act to allot equity securities as specified in the Notice of General Meeting.	5,435,097	94.93%	290,493	5.07%	5,725,590	22.38%
3. Subject to the passing of Resolutions 1 and 2 the Directors be and they are hereby generally and unconditionally authorised pursuant to section 551 of the Act to allot shares as specified in the Notice of General Meeting.	2,435,097	89.34%	290,493	10.66%	2,725,590	10.65%
4. Subject to the passing of Resolution 3, the Directors be and they are hereby empowered pursuant to sections 570 and 571 of the Act to allot equity securities (within the meaning of section 560 of the Act) for cash as specified in the Notice of General Meeting.	2,435,097	89.34%	290,493	10.66%	2,725,590	10.65%
5.  The Articles of Association be amended as specified in the Notice of Meeting.	5,435,097	94.93%	290,493	5.07%	5,725,590	22.38%

Note: There were no votes withheld

Admission

Application has been made to the London Stock Exchange for both the Placing and Subscription shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the Placing and Subscription shares will commence on or about 8.00 a.m. on 2 February 2021.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 37,581,844 Ordinary Shares and the total number of voting rights in the Company will be 37,581,844. 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 share capital of the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

For further information please contact:
Immedia Group Plc Tim Hipperson, Non-executive Chairman Ross Penney, Chief Executive	Tel: [phone]
SPARK Advisory Partners Limited (Nomad) Mark Brady Neil Baldwin	Tel: [phone]
SP Angel Corporate Finance LLP (Broker) Abigail Wayne	Tel: [phone]
Tooley Street Communications (IR & media relations) Fiona Tooley	Tel: [phone]

About Immedia Group Plc

Immedia Group Plc is a multi-media content and digital solutions provider to global businesses delivering audio visual communication services for brands.

The business provides 'live' branded channels to retail locations across the UK and Europe. Immedia's interactive audio channels deliver targeted original content via its own DreamStream-X platform with encrypted Dreamstream technology deployed in each location. Each channel is supported with powerful data analytics tools that monitor audience activity and provide data to enable Immedia to further enhance audience engagement.  

In addition, Immedia creates original audio production and video content as well as 3D animation and the supply, installation and maintenance of audio visual equipment.

Immedia clients include Shell, Subway, BP, Nationwide Building Society, JD Sports, Weir, BMW, IKEA, and FIFA.  

To read more about the business, visit   www.immediaplc.com   or email us on   [e-mail]

 

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