TIDMXPF

RNS Number : 3805C

XP Factory PLC

10 October 2022

10 October 2022

XP Factory plc

("XP Factory" or the "Company")

Issue of Shares

and

Total Voting Rights

XP Factory (AIM: XPF) , a global leader in the experiential leisure sector, announces that it has allotted 250,000 new ordinary shares of 1.25p each in the Company ("Ordinary Shares") to the trustee of its HMRC tax-advantaged share scheme, namely the XP Factory plc Share incentive plan, formerly the Escape Hunt plc Share Incentive Plan (the "SIP").

As previously announced on 5 February 2021, the SIP is an ell-employee share plan under which eligible participating employees of the Company can elect to purchase Ordinary Shares via the SIP trustee using monthly salary deductions. Ordinary Shares acquired in this manner are referred to as "Partnership Shares" and, for each Partnership Share purchased, participants are awarded one further Ordinary Share, known as a "Matching Share", at nil cost.

It is currently expected that, as has previously been the case:

-- all Partnership Shares acquired on behalf of participants in the SIP will be existing Ordinary Shares purchased in the market; and

-- all Matching Shares awarded to the participants of the SIP will be new Ordinary Shares allotted to the SIP trustee.

Given the above, and in order to provide for the anticipated demand for Matching Shares over the next 12 months, the Company announces that it has allotted 250,000 new Ordinary Shares (the "New Ordinary Shares") to the trustee of the SIP, such shares representing 0.16 per cent. of the Company's current issued share capital.

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is anticipated that the New Ordinary Shares which will rank pari passu in all respects with the existing Ordinary Shares will be admitted to trading on AIM on 12 October 2022 ("Admission"). Following Admission, the Company's issued share capital will comprise 150,633,180 Ordinary Shares with voting rights and that figure may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.

Enquiries:

 
 XP Factory Plc 
  https://www.xpfactory.com/ 
  Richard Harpham (Chief Executive 
  Officer) 
  Graham Bird (Chief Financial 
  Officer) 
  Kam Bansil (Investor Relations)      +44 (0) 20 7846 3322 
 Shore Capital, NOMAD and Broker 
  https://www.shorecap.co.uk/ 
  Tom Griffiths/David Coaten           +44 (0) 20 7408 4050 
 IFC Advisory - Financial PR 
  https://www.investor-focus.co.uk/ 
  Graham Herring 
  Florence Chandler                    +44 (0) 20 3934 6630

Notes to Editors:

About XP Factory plc

The XP Factory Group is one of the UK's pre-eminent experiential leisure businesses which currently operates two fast growing leisure brands. Escape Hunt is a global leader in providing escape-the-room experiences delivered through a network of owner-operated sites in the UK, an international network of franchised outlets in five continents, and through digitally delivered games which can be played remotely.

Boom Battle Bar is a fast-growing network of owner-operated and franchise sites in the UK that combine competitive socialising activities with themed cocktails, drinks and street food in a high energy, fun setting. Activities include a range of games such as augmented reality darts, Bavarian axe throwing, 'crazier golf', shuffleboard and others. The Group's products enjoy premium customer ratings and cater for leisure or teambuilding, in small groups or large, and are suitable for consumers, businesses and other organisations. The Company has a strategy to expand the network in the UK and internationally, creating high quality games and experiences delivered through multiple formats and which can incorporate branded IP content. ( https://xpfactory.com/ )

   Facebook:             EscapeHuntUK                                      BoomBattleBar 
   Twitter:                  @EscapeHuntUK                                  @boombattlebar 
   Instagram:             @escapehuntuk                                   @boombattlebar

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEFFSFDSEESELS

(END) Dow Jones Newswires

October 10, 2022 09:42 ET (13:42 GMT)

Xp Factory (LSE:XPF)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Xp Factory Charts.
Xp Factory (LSE:XPF)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Xp Factory Charts.