I-NEXUS GLOBAL PLC

Delisting Announcement • Dec 13, 2024

National Storage Mechanism | Additional information

RNS Number : 0905Q

i-nexus Global PLC

13 December 2024

13 December 2024

i-nexus Global plc

("i-nexus", the "Company" or the "Group")

Result of General Meeting

Further to the announcement on 26 November 2024, i-nexus Global plc (AIM: INX), a leading provider of cloud-based Strategy software solutions designed for the Global 5000, announces that at the General Meeting of the Company held earlier today, both Resolutions were duly passed.

The number of votes cast for and against both of the Resolutions proposed, and the number of votes withheld were as follows:

Resolution	Votes for	%	Votes against	%	Votes withheld*
1.    To approve the cancellation of the admission of the Shares to trading on AIM (being the market of that name operated by the London Stock Exchange plc)	18,845,928	91	1,843,696	9	1,000
2.    To approve the re‐registration of the Company as a private limited company under the Companies Act 2006 with the name i‐nexus Global Limited and the adoption of the New Articles	18,845,928	91	1,843,696	9	1,000

*A vote withheld is not a vote in law and any such votes have not been included in the votes for and against the respective Resolutions.

The full text of the Resolutions can be found in the circular containing, inter alia, the notice of General Meeting, which was published and posted to Shareholders on 26 November 2024 (the "Circular") and is available on the Company's website at https://i-nexus.com/company/investor-center/ .

In accordance with the passing of Resolution 1, Cancellation is expected to become effective at 7.00 a.m. on 27 December 2024 and not at 8.00 a.m. as previously notified. In accordance with the passing of Resolutions 1 and 2 and subject to the Cancellation becoming effective, the Company will re-register as a private company limited by shares and adopt the new articles of association with effect from such re-registration.

The expected timetable of principal events in relation to the Circular and Re-registration is as follows:

Last day of dealing in Ordinary Shares on AIM	24 December 2024
Time and date of cancellation	7.00 a.m. on 27 December 2024
Secondary Market Trading Facility for Shares commences	30 December 2024
Re-registration as a private company	13 January 2025

Dealing and settlement arrangements following Cancellation

The Company intends to introduce a Secondary Market Trading Facility for the Shares, to help facilitate purchases or sales of shares once it is a private company. This flexibility is so that Shareholders have the option to sell their Shares should they wish to do so but do not need to make that decision immediately.

The Secondary Market Trading Facility will be provided by Asset Match, which is authorised and regulated by the Financial Conduct Authority (FRN 579310). Further details of the Secondary Market Trading Facility can be found at www.assetmatch.com. This facility will allow existing Shareholders and new investors to trade Shares by matching buyers and sellers through periodic auctions. Investors are encouraged to register on www.assetmatch.com and add i-nexus to their 'Watchlist' to continue to receive Company updates and auction/price information.

Shareholders wishing to trade these securities can do so through their stockbroker. The Asset Match trading facility operates under its own code of practice which governs the behaviour of participants and the running of the periodic auctions. Asset Match operates an open auction system where volumes of bids and offers at different prices are displayed in an order book on its website together with the closing date of the auction. At the end of each auction period, Asset Match passes this information through a non-discretionary algorithm that determines a "market-derived" share price based on supply and demand and allocates transactions accordingly. Bids and offers may be made and withdrawn at any time before the closing date of each auction.

Shareholders will continue to be able to hold their Shares in uncertificated form (in CREST) and should check with their existing stockbroker whether they are willing or able to trade in unquoted shares. Shareholders wishing to trade shares through Asset Match must do so through a stockbroker. A comprehensive list of stockbrokers who have signed up to access the Asset Match platform is available on request from Asset Match.

Full details will be made available to Shareholders on the Company's website at www.i-nexus.com and directly by letter or e-mail (where appropriate). Shareholders may contact Asset Match in relation to any queries regarding trading via the secondary market trading facility by emailing dealing@assetmatch.com .

The Secondary Market Trading Facility is expected to be available for a period of at least one year after Cancellation. The Directors' current intention is that it will continue beyond that time but Shareholders should note that it could be withdrawn and therefore inhibit the ability to trade the Shares. Further details will be communicated to the Shareholders at the relevant time.

Shareholders are invited to retain their Shares in the Company, but are welcome to participate in the quarterly auctions under the Secondary Market Trading Facility operated by Asset Match, which will allow Shareholders to sell down their holdings should they wish to do so.

The Company expects the Secondary Market Trading Facility to be available for Shareholders who wish to sell their Shares to make that instruction from 30 December 2024, with the first auction closing on 14 February 2025 followed by quarterly auctions thereafter.

For further information please contact:

i-nexus Global plc Simon Crowther, CEO Drew Whibley, CFO	Via: Alma
Singer Capital Markets (Nominated Adviser and Broker) Sandy Fraser / Alex Bond (Investment Banking)	Tel: +44 (0)207 496 3000
Alma Strategic Communications Caroline Forde / Robyn Fisher	Tel: +44 (0)203 405 0205

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