Unigel Group Plc

Post-Annual General Meeting Information • Feb 23, 2024

National Storage Mechanism | Additional information

RNS Number : 3228E

Unigel Group PLC

23 February 2024

Unigel Group plc

(the "Group" or the "Company")

Result of General Meeting, Issue of Equity

& Director/PDMR Shareholding

Unigel Group plc (AQSE: UNX), the manufacturer and supplier of materials used in the manufacture of telecommunication fibre optic cables announces that at the Company's general meeting ("GM") held earlier today, all resolutions were duly passed.

Further to the announcement on 2 February 2024, the Company has issued 3,173,106 new ordinary shares at a price of 64 pence per new ordinary share to Unigel Limited ("Share Issuance"), a Hong Kong incorporated company, in lieu of a £2,030,787.84 loan owed to Unigel Limited. Eric Chhoa, a director of the Company, is the sole shareholder of Unigel Limited.

On Admission (defined below), Eric Chhoa will be beneficially interested in 9,667,560 ordinary shares in the Company representing 66.9 per cent. of the Company's enlarged issued share capital. 6,494,454 ordinary shares are held through Hikari Capital Limited and 3,173,106 ordinary shares are held through Unigel Limited.

Admission

Application has been made for the Share Issuance shares to be admitted to trading on the Aquis Stock Exchange Growth Market on or around 28 February 2024 ("Admission") and will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

Following Admission, the Company's issued share capital will comprise 14,458,106 ordinary shares of 0.5p each, with each share carrying the right to one vote, therefore the total number of voting rights in the Company will be 14,458,106. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in the Company, or a change to their interest in the Company, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

Enquiries:  

Unigel Group plc
Eric Chhoa	+81 80 6929 3688
Gary Revel-Chion	+44 (0) 1273 612 122
Cairn Financial Advisers LLP (AQSE Corporate Adviser)
Jo Turner	+44 (0) 20 7213 0880
Ludovico Lazzaretti

Notes to Editors

Unigel Group plc is the holding company whose operating subsidiaries, Unigel (UK) Limited ("Unigel") and Unitape Limited ("Unitape") manufacture and distribute materials used in the manufacture of telecommunication fibre optic cables.

Unigel formulates, manufactures, and markets thixotropic gels primarily to the fibre optic cable industry. In addition, it also makes specialty gel products for the construction, green energy, and high voltage transmission apparatus markets.

Unitape is one of the largest domestic manufacturers and suppliers of laminated steel tapes to the fibre optic cable industry in North America.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Eric Chhoa

2

Reason for notification

a.

Position/Status

Chief Executive Officer of the Company (also the controller and majority shareholder of Hikari Capital Limited)

b.

Initial notification/

Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Unigel Group plc

b.

LEI

213800WJ4R4R99242P96

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.5 pence each

ISIN: GB00BPP4RY41

b.

Nature of the transaction

Share Issuance to Unigel Limited in lieu of a loan

c.

Price(s) and volume(s)

Price	Volume
64p	3,173,106

d.

Aggregated information

- Aggregated Volume

- Price

e.

Date of the transaction

23 February 2024

f.

Place of the transaction

Off-market transaction

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