Share Capital Reduction Effective
1 April 2025
XP Factory Plc
("XP Factory", the "Company")
Reduction of Capital becomes effective
XP Factory plc (AIM: XPF), one of the UK's pre-eminent experiential leisure businesses, is pleased to announce that, following the sanction by the High Court of Justice in England and Wales ("Court") of the cancellation of the amount standing to the credit of the Company's share premium account ("Capital Reduction") on 25 March 2025, the Capital Reduction has now become effective. This follows the order of the Court confirming the Capital Reduction, and a statement of capital approved by the Court, having been registered with the Registrar of Companies.
Details of the Capital Reduction were set out in the General Meeting Notice published by the Company on 14 February 2025 and the Capital Reduction was approved by shareholders at a general meeting of the Company held on 5 March 2025. The Capital Reduction itself does not involve any distribution or repayment of capital by the Company and does not change the total number of shares issued by the Company.
Enquiries:
XP Factory Plc
https://www.xpfactory.com/ +44 (0) 20 7846 3322
Richard Harpham (Chief Executive Officer)
Graham Bird (Chief Financial Officer)
Singer Capital Markets, NOMAD and Broker
https://www.singercm.com +44 (0) 20 7496 3000
Peter Steel
James Todd
IFC Advisory - Financial PR
https://www.investor-focus.co.uk/ +44 (0) 20 3934 6630
Graham Herring
Florence Chandler
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
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