Request to requisition a General Meeting
Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.
5 July 2023
Bidstack Group plc
("Bidstack" or the "Company")
Request to requisition a General Meeting
Bidstack Group plc, the in-game brand activation platform, announces that, on 4 July 2023, it received an email with a series of nine letters purporting to be from Interactive Investor Services Nominees, Hargreaves Lansdown (Nominees) and Lawshare Nominees on behalf of underlying investors holding, in aggregate, 68,318,975 Ordinary Shares representing 5.25% of the issued ordinary share capital of the Company requesting the Company to convene a general meeting of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the "Act").
The letters have requested the requisitioned meeting to consider resolutions to remove Glen Calvert and Lisa Hau from office as directors of the Company and to appoint Nicholas Hargrave as a director of the Company.
The Board intends to comply with its obligations in accordance with section 304 of the Act which require it to call a general meeting with 21 days of receipt of a valid requisition and to hold such general meeting on a date not more than 28 days after the date of the notice convening such general meeting.
Shareholders are advised to take no action at this time. Further announcements will be made in due course.
**ENDS**
Contacts
|
Bidstack Group Plc James Draper, CEO |
via Buchanan |
|
SPARK Advisory Partners Limited (Nomad) Mark Brady / Neil Baldwin / James Keeshan |
+44 (0) 203 368 3550 |
|
Stifel Nicolaus Europe Limited (Broker) Fred Walsh / Tom Marsh |
+44 (0) 20 7710 7600 |
|
Buchanan Communications Limited Chris Lane / Stephanie Whitmore / Kim van Beeck bidstack@buchanan.uk.com |
+44 (0) 20 7466 5000 |
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.
Latest directors dealings
- 10 hours ago Close Brothers Group
- 10 hours ago Savannah Energy
- 10 hours ago Mid Wynd International Inv Trust
- 10 hours ago Dillistone Group
- 10 hours ago SSP Group