The People's Operator PLC Result of General Meeting (4104B)

TIDMTPOP

RNS Number : 4104B

The People's Operator PLC

03 April 2017

The People's Operator plc

("TPO", the "Company" or the "Group")

Result of General Meeting

The People's Operator plc (AIM: TPOP), the cause-based commercial mobile virtual network operator, is pleased to announce that at the Company's general meeting held earlier today, all resolutions put to shareholders were duly passed.

Accordingly, the subscription of 19,736,843 new ordinary shares of GBP0.005 each in the capital of the Company ("Ordinary Shares") (the "Subscription Shares") raising gross proceeds of approximately GBP1.58 million for the Company, will be complete upon the admission to trading on AIM ("Admission") of the Subscription Shares becoming effective, which is expected to occur at 8.00 a.m. on Tuesday 4 April 2017.

Further details of the Subscription and the issue of 9,868,422 warrants over Ordinary Shares (the "Warrants") is set out in the announcement and the circular to Shareholders, both of which are dated 17 March 2017, copies of which are available on the Company's website, https://www.thepeoplesoperator.com/investorrelations.

Subsequent to Admission of the Subscription Shares, the total number of Ordinary Shares in issue will be 141,804,182. There are no Ordinary Shares held in treasury and so the total number of voting rights in the Company is 141,804,182.

The above figure of 141,804,182 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 Guidance and Transparency Rules.

For further information

 
The People's Operator plc 
 Nick Dashwood Brown, Head of Investor 
 Relations                               07710 511259 
finnCap Ltd                                  020 7220 
 Stuart Andrews / Simon Hicks                    0500 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 03, 2017 09:52 ET (13:52 GMT)