08 August 2025
Huddled Group plc
("Huddled", the "Company" or the "Group")
Result of General Meeting and Total Voting Rights
Huddled Group plc (AIM: HUD), the circular economy e-commerce group, is pleased to confirm that at its General Meeting ("GM") held earlier today, all resolutions were duly passed.
The total number of proxy votes received on each resolution were as follows:
| Resolutions |
For |
% |
Against |
% |
Withheld |
| 1 |
164,989,415 |
88.88 |
20,644,176 |
11.12 |
12,397 |
| 2 |
164,989,415 |
88.88 |
20,644,176 |
11.12 |
12,397 |
| 3* |
146,026,500 |
87.27 |
21,309,798 |
12.73 |
18,309,690 |
| 4* |
146,026,500 |
87.27 |
21,309,798 |
12.73 |
18,309,690 |
*Special resolution
A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
At the GM, inter alia, a resolution was passed which granted the authorities to issue the remaining 12,406,375 Ordinary Shares1 (the "New Ordinary Shares") pursuant to the subscription announced on 4 July 2025.
Admission and Total Voting Rights
Application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to take place on or around 12 August 2025. Upon Admission, the New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares.
Following Admission and inclusive of indirect holdings, Martin Higginson, a director of the Company, will hold 14.22% of the Ordinary Shares in the Company.
Certain of the Company's shareholders are deemed to be acting in concert in accordance with The Takeover Code ("the Concert Party"). Following Admission, the Concert Party will own 46.40% of the Ordinary Shares in the Company.
Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 391,561,272 (the "Enlarged Share Capital"). The Company does not hold any shares in treasury.
The above 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 to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
1 ordinary shares of 0.040108663 pence each in the Company ("Ordinary Shares")
Enquiries:
For further information please visit www.huddled.com/investors, or contact:
| Huddled Group plc Martin Higginson Michael Ashley Daniel Wortley Paul Simpson
|
investors@huddled.com |
| Zeus (Nominated Adviser and Sole Broker) James Hornigold, Nick Cowles, George Duxberry Dominic King |
Tel + 44 (0) 203 829 5000 (Investment Banking) (Corporate Broking)
|
| Alma Strategic Communications (Financial PR) Rebecca Sanders-Hewett Sam Modlin |
huddled@almastrategic.com
|
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