Fitbug Holdings PLC Result of AGM, Change of Name and TVRs (3499E)

TIDMFITB

RNS Number : 3499E

Fitbug Holdings PLC

05 May 2017

Fitbug Holdings Plc / Epic: FITB.L / Index: AIM

RNS ANNOUNCEMENT:

5 May 2017

FITBUG HOLDINGS PLC ('FITBUG' OR 'THE COMPANY')

Result of Annual General Meeting, Change of Name and Total Voting Rights

Fitbug Holdings Plc (AIM: FITB), the AIM quoted digital wellness provider for corporate organisations trading as Kin Wellness, is pleased to announce that at the Company's Annual General Meeting held at 10.00am today, all the resolutions were duly passed.

One of the resolutions passed was to change the name of the Company to Kin Group Plc; this has now been registered at Companies House.

In addition each of the existing ordinary shares of 0.1p each has been subdivided into one New Ordinary Share of 0.01p and one B Deferred Share of 0.09p. Application has been made for the New Ordinary Shares to be admitted to trading on AIM, this is expected to occur on or about 11 May 2017.

Following Admission the ordinary share capital of the Company will consist of 1,731,366,968 New Ordinary Shares of 0.01p each. As such the total number of voting rights in the Company will be 1,731,366,968 New Ordinary Shares. This number may be used by shareholders 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 Company under the FCA's Disclosure and Transparency Rules.

Dealings in the Company's ordinary shares are expected to commence under the new name of Kin Group Plc (AIM: KIN) at 8.00am on Monday 8 May 2017.

**ENDS**

For further information visit www.kinwellness.com or www.fitbugholdings.com

Contact:

 
 Anna Gudmundson        Fitbug Holdings 
  / Donald Stewart       Plc                    020 7449 4949 
                        SPARK Advisory 
 Mark Brady / Neil       Partners Limited 
  Baldwin                (Nominated Advisor)    020 3368 3551 
                        Hybridan LLP, 
 Claire Louise Noyce     Broker                 020 3764 2341 
                        T/F/D, Public 
 Stephanie Forrest       Relations              07917 695755 
 

Notes

About Kin Wellness

Kin Wellness provides digital wellness solutions that empower employers to create a positive culture of health within their organisation. By helping employees to embrace a healthier way of living, Kin Wellness can help maximise performance, reduce absenteeism, decrease the risk of chronic illness, and lower healthcare costs.

The Company's technological edge allows it to address holistic wellness by engaging both individuals and teams through intelligent, personalised interaction and gamification. This is an opportunity to make incremental behavioural changes that will last a lifetime. The progress of individuals translates to actionable data, meaningful reporting and insights that allow the organisation to monitor the impact of the programme and to refine it in order to achieve success.

Shares are still admitted to trading on the London Stock Exchange AIM market.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 05, 2017 07:16 ET (11:16 GMT)