SABIEN TECHNOLOGY GROUP PLC — AGM Information 2022

Aug 22, 2022

National Storage Mechanism | Additional information

RNS Number : 8372W

Sabien Technology Group PLC

22 August 2022

22 August 2022

Sabien Technology Group plc

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

Result of General Meeting

Holdings in the Company

Result of General Meeting

Sabien Technology Group plc (AIM:SNT), the company focused on a green aggregation strategy, is pleased to announce that at the General Meeting held earlier today, all resolutions were passed (the "GM").

As a result, the remaining elements of the fundraising announced on 3 August 2022 to raise a total of £0.6m will proceed.  The detailed results of General Meeting will be published on the Company's website.

Admission and Total Voting Rights

Following the GM, 4,638,750 new ordinary shares of 3 pence each ("Ordinary Shares") will be issued at a price of 10 pence per Ordinary Share, for a total amount of £463,875 (the "New Shares"). The New Shares will be issued and be admitted to trading on AIM with effect from 26 August 2022 ("Admission"). 

On Admission, the Company will have 21,695,168 Ordinary Shares in issue, each with one voting right.  There are no shares held in treasury.  Therefore, the Company's total number of Ordinary Shares and voting rights will be 21,695,168 and this figure may be used by shareholders from Admission 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 under the FCA's Disclosure Guidance and Transparency Rules. 

Holdings in the Company

To the best knowledge of the Company, the holdings of the Board and Significant Shareholders (as defined under the AIM Rules for Companies) of Ordinary Shares following Admission of the 4,638,750 New Shares, will be:

Shareholder	Number of Ordinary Shares	Percentage of Ordinary Shares
R Parris1 *	3,631,460	16.74%
Diversity Network Investments Limited	3,262,675	15.04%
Sanderson Capital Partners Ltd & Related Parties	633,333	2.92%
Monecor (London) Limited	511,667	2.36%
C Goodfellow *	100,000	0.46%

Notes

1 - Includes holdings of Parris Group Limited, a company controlled by Mr Parris and his family.

* - Directors of the Company

For Further Information: Sabien Technology Group plc Richard Parris, Executive Chairman	+44 20 7993 3700
Allenby Capital Limited (Nominated Adviser) John Depasquale / Nick Harriss / Vivek Bhardwaj	+44 203 328 5656
Peterhouse Capital Limited (Broker) Duncan Vasey / Lucy Williams	+44 207 469 0930

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