The People's Operator PLC Result of General Meeting (4104B)
April 03 2017 - 8:52AM
UK Regulatory
TIDMTPOP
RNS Number : 4104B
The People's Operator PLC
03 April 2017
The People's Operator plc
("TPO", the "Company" or the "Group")
Result of General Meeting
The People's Operator plc (AIM: TPOP), the cause-based
commercial mobile virtual network operator, is pleased to announce
that at the Company's general meeting held earlier today, all
resolutions put to shareholders were duly passed.
Accordingly, the subscription of 19,736,843 new ordinary shares
of GBP0.005 each in the capital of the Company ("Ordinary Shares")
(the "Subscription Shares") raising gross proceeds of approximately
GBP1.58 million for the Company, will be complete upon the
admission to trading on AIM ("Admission") of the Subscription
Shares becoming effective, which is expected to occur at 8.00 a.m.
on Tuesday 4 April 2017.
Further details of the Subscription and the issue of 9,868,422
warrants over Ordinary Shares (the "Warrants") is set out in the
announcement and the circular to Shareholders, both of which are
dated 17 March 2017, copies of which are available on the Company's
website, https://www.thepeoplesoperator.com/investorrelations.
Subsequent to Admission of the Subscription Shares, the total
number of Ordinary Shares in issue will be 141,804,182. There are
no Ordinary Shares held in treasury and so the total number of
voting rights in the Company is 141,804,182.
The above figure of 141,804,182 may be used by shareholders 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.
For further information
The People's Operator plc
Nick Dashwood Brown, Head of Investor
Relations 07710 511259
finnCap Ltd 020 7220
Stuart Andrews / Simon Hicks 0500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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April 03, 2017 09:52 ET (13:52 GMT)
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