29 April
2024
Secured Property Developments
Plc
(To be renamed “Mollyroe
Plc”)
Result of General
Meeting
Change of
Name
Capital
Reorganisation
Investment
Strategy
Total Voting
Rights
The Company is pleased to announce that at the
general meeting of the Company held earlier today (the "General
Meeting") all resolutions were duly
passed.
Share Capital
Reorganisation
As a result of the share capital reorganisation
approved at the General Meeting, there will be 40,275,480 ordinary
shares with a nominal value of £0.0001 each, in
issue.
ISIN and
Ticker
The Company’s new ISIN (GB00BRCOTZ46) will become
effective from start of trading tomorrow, 30 April 2024.The new
ticker will change to
“MOY”.
Change of
name
The Company's change of name to "Mollyroe Plc" will
take place once Companies House has issued a new certificate of
incorporation reflecting the change of name. The change of name is
expected to become effective imminently and the Company will make a
further announcement following the completion of the change of
name.
Website
In order to reflect the new name, the Company’s
website will be changed to www.mollyroeplc.com.
Investment Strategy
Summary
The Company will now focus
on opportunities in the
technology sector. Initially within the technology segment
opportunities are likely to arise in spatial computing and
intelligent natural interfaces are the next computing paradigm
which will fundamentally change human and machine interaction.
The Company focus will be on investing in technology companies or
technology-enabled services companies within this rapidly
developing
market.
Total Voting
Rights
Following the Company’s share capital reorganisation,
the Company will have 40,275,480 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 40,275,480. 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.
The Directors of the Company accept responsibility
for the contents of this
announcement.
Enquiries
Company
Paul Ryan - Executive
Director
mollyroeplc@gmail.com
Peterhouse Capital
Limited - Financial Adviser and Corporate
Broker
Guy Miller and
Charles
Goodfellow
+ 44 (0) 20 7469
0930