Dev Clever Holdings PLC Issue of Equity (5931U)
April 07 2021 - 1:00AM
UK Regulatory
TIDMDEV
RNS Number : 5931U
Dev Clever Holdings PLC
07 April 2021
7 April 2021
Dev Clever Holdings plc
("Dev Clever" or the "Company")
Issue of Equity
Dev Clever (LSE: DEV), a leading developer of online and
immersive career guidance and development platforms and consumer
engagement experiences, confirms that further to the announcement
of 29 March 2021, the admission to trading of the 20 million new
ordinary shares issued to Sitius Limited is expected to take place
following the publication of a supplementary prospectus. This
document, which updates the financial disclosures to take account
of the recently published results for the year ended 31 October
2020, has been submitted to the FCA for review and approval and the
Company will make a further announcement once this process is
completed.
-ends-
For further information please contact:
Dev Clever Holdings plc
Christopher Jeffries
Chief Executive Officer and Executive
Chairman
Nicholas Ydlibi
Chief Financial Officer +44 (0) 330 058 2922
Novum Securities Limited - Financial
Adviser and Broker
David Coffman / Colin Rowbury +44 (0) 20 7399 9400
Buchanan Communications
Richard Oldworth / Chris Lane +44 (0) 207 466 5105
Notes to Editors:
Dev Clever Holdings plc, together with its wholly owned
subsidiary DevClever Limited, is a software and technology group
based in Tamworth, United Kingdom, specialising in the use of
lightweight integrations of cloud-based VR and gamification
technologies to deliver rich customer engagement experiences across
both the education and commercial sectors. In January 2019, Dev
Clever listed on the Standard List of the London Stock Exchange.
The Group's core focus is the development and commercialisation of
its core platforms - Educate (its primary focus) and Agency
Services (its secondary focus).
Educate Division:
Through Educate, Dev Clever aims to reduce the global skills
shortage by delivering an enhanced careers guidance service via its
online platform, Launchyourcareer.com, and virtual reality software
(Victar VR). The business has established a global partnership with
Lenovo to roll its service worldwide, with offerings already on the
market in the UK, US and Canada. Dev Clever is also focused on the
Indian market and has partnered with its National Independent
Schools Alliance (NISA) and content provider Veative to provide a
comprehensive service offering within Indian budget private
schools. Through this, the business is developing and intends to
launch a direct-to-consumer offering in India.
Agency Services Division:
The Company's Agency Services division provides customers from
the retail, brand and hospitality sectors with bespoke application
and customisation of the Group's proprietary cloud-based products
in order to increase consumer engagement, transactional
efficiencies and enhance customer experience within their
venues.
For further information, please visit
www.devcleverholdingsplc.com .
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END
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