Posting of Notice of General Meeting

Oracle Power PLC

05 October 2023

 

5 October 2023

Oracle Power PLC

("Oracle", the "Company" or the "Group")

Posting of Notice of General Meeting

Oracle Power PLC (AIM:ORCP) announces, further to its announcement of 4 October 2023, that the circular with the formal notice of general meeting (the "Circular") has today been posted to shareholders. The Circular is available on the Company's website at www.oraclepower.co.uk.

Admission and Total Voting Rights

Application is being made for the New Ordinary Shares and the Placing Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective in respect of the New Ordinary Shares at 8.00 a.m. on or around 24 October 2023, and that Admission will become effective in respect of the Placing Shares at 8.00 a.m. on or around 27 October 2023. The Placing Shares and the New Ordinary Shares will have the same ISIN number and SEDOL code as each existing ordinary share. The Placing Shares will rank pari passu with the New Ordinary Shares.

On Admission of the New Ordinary Shares, the total issued ordinary share capital of the Company will be 3,735,415,387 New Ordinary Shares, with no shares held in Treasury. On Admission of the Placing Shares, the total ordinary issued share capital of the Company will be 4,735,415,387 New Ordinary Shares, with no shares held in Treasury. Therefore, the total voting rights in the Company following Admission of both the New Ordinary Shares and the Placing Shares will be 4,735,415,387 and this 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those ascribed to them in the Circular.

*ENDS*

For further information:

Oracle Power PLC Naheed Memon - CEO	[phone]
Strand Hanson Limited (Nominated Adviser and Broker) Rory Murphy, Matthew Chandler, Rob Patrick	[phone]
Global Investment Strategy UK Limited (Joint Broker) Samantha Esqulant	[phone]
St Brides Partners Limited (Financial PR) Susie Geliher, Isabel de Salis	[e-mail]

 

END