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RNS Number : 2666W

Panoply Holdings PLC (The)

09 December 2019

09 December 2019

The Panoply Holdings PLC

("The Panoply" or the "Company")

Issue of Earnout Shares and Total Voting Rights

The Panoply Holdings PLC, a digitally native technology services company, announces the admission of 291,065 new ordinary shares (the "Earnout Shares") to trading on the AIM market of the London Stock Exchange ("Admission"). The Earnout Shares represent the first of four tranches of further consideration payable in respect of the acquisition of Deeson Group Holdings Limited, totalling GBP0.96m. The Earnout Shares are being issued at 82.5p. Further details in relation to the Earnout Shares are contained in the Company's interim accounts, announced earlier today.

Application has been made to the London Stock Exchange for the 291,065 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on or around 8.00 a.m. 13 December 2019. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following admission, the total number of Ordinary Shares in issue will be 49,198,609. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 49,198,609. This number 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.

Enquiries:

 
  The Panoply Holdings 
    Neal Gandhi (CEO)          Via Alma PR 
    Oliver Rigby (CFO) 
 
    Stifel Nicolaus Europe     +44 (0) 207 710 7600 
    Limited (Nomad and 
    Broker) 
 
    Fred Walsh 
    Alex Price 
    Neil Shah 
    Luisa Orsini Baroni 
 
   Alma PR (Financial         panoply@almapr.co.uk 
    PR)                        +44(0) 203 405 0206 
 
    Josh Royston 
    Rebecca Sanders-Hewett 
    Susie Hudson               +44 (0) 778 090 1979 
 
 
 
 

About The Panoply

The Panoply is a digitally native technology services company, built to service clients' digital transformation needs. Founded in 2016, with the aim of identifying and acquiring best-of-breed specialist information technology, design and innovation consulting businesses across Europe, the Group collaborates with its clients to deliver the technology outcomes they're looking for at the pace that they expect and demand.

www.thepanoply.com

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END

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(END) Dow Jones Newswires

December 09, 2019 12:05 ET (17:05 GMT)

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