MySQUAR Limited Result of General Meeting (6569D)

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RNS Number : 6569D

MySQUAR Limited

28 April 2017

MySQUAR Limited ("MySQUAR" or the "Company")

Result of General Meeting

MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, is pleased to announce that all resolutions put to shareholders at today's General Meeting were duly passed.

Further to the passing of the applicable resolution and Company's announcement of 10 April 2017, application will be made for admission to AIM of the second tranche of new shares, which comprises the placing of 128,816,460 new ordinary shares and the subscription for 50,000,000 subscription share and is expected to be completed on or around 4 May 2017 ("Admission"). Admission is expected to occur on 4 May 2017.

Total Voting Rights

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces that following the Admission it will have 572,028,203 Shares in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 572,028,203.

The above figure of 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 and Transparency Rules.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information:

 
MySQUAR Limited 
Eric Schaer (Chief Executive)  Tel: +65 6818 
                                6089 
Pham Dang Hung (CFO) 
 
SP Angel Corporate Finance 
 LLP 
Nominated Adviser              Tel: [phone] 
                                0470 
Stuart Gledhill/Soltan 
 Tagiev 
 
 Beaufort Securities Limited 
 Joint Broker                    Tel: [phone] 
 Jon Belliss/Elliot Hance        8300 
 
 Mirabaud Securities LLP 
 Joint Broker 
 Edward Haig-Thomas/Peter        Tel: [phone] 
 Krens                           3447 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 28, 2017 02:40 ET (06:40 GMT)