INX I-nexus Global Plc

TIDMINX

RNS Number : 2557E

i-nexus Global PLC

04 November 2020

i-nexus Global PLC

("i-nexus", the "Company" or the "Group")

Result of General Meeting

i-nexus Global plc (AIM: INX), a leading provider of cloud-based Strategy Execution software solutions designed for the Global 5000, is pleased to announce that further to its announcement on 19 October 2020, all resolutions put to shareholders at its General Meeting held today were duly passed.

Accordingly, the Directors have now been granted authority to issue the Convertible Loan Notes to the Investors. The Investors' commitments to subscribe for Convertible Loan Notes are now irrevocable and unconditional and settlement of the commitments of GBP1.325m is expected to take place later today.

Additionally, the Directors have been granted the required authority to disapply statutory pre-emption rights in respect of the potential future issue of new Ordinary Shares upon conversion of the Convertible Loan Notes. This disapplication shall expire on 5 November 2023.

Further announcements will be made upon conversion of the Convertible Loan Notes.

Capitalised terms used but not defined in this announcement have the meanings set out in the Announcement dated 19 October 2020.

For further information please contact:

 
 
 i-nexus Global plc                         Via: Alma PR 
  Simon Crowther, CEO 
  Alyson Levett, CFO 
 N+1 Singer (Nominated Adviser and          Tel: +44 (0)207 496 
  Broker)                                    3000 
  Sandy Fraser (Corporate Finance) 
  Tom Salvesen (Corporate Broking) 
 Alma PR                                    Tel: +44 (0) 203 405 
 Caroline Forde / Josh Royston / Robyn      0212 
 Fisher 
 
 
 
 
 

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November 04, 2020 06:15 ET (11:15 GMT)

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