Share Name Share Symbol Market Type Share ISIN Share Description
Dev Clever Holdings Plc LSE:DEV London Ordinary Share GB00BH452L44 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.55 2.22% 25.30 24.50 25.00 24.75 24.75 24.75 1,289,177 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 1.3 -1.1 -22.0 - 151

Dev Clever Holdings PLC Issue of Equity

07/04/2021 7:00am

UK Regulatory (RNS & others)

Dev Clever (LSE:DEV)
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From Mar 2021 to May 2021

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RNS Number : 5931U

Dev Clever Holdings PLC

07 April 2021

 7 April 2021 

Dev Clever Holdings plc

("Dev Clever" or the "Company")

Issue of Equity

Dev Clever (LSE: DEV), a leading developer of online and immersive career guidance and development platforms and consumer engagement experiences, confirms that further to the announcement of 29 March 2021, the admission to trading of the 20 million new ordinary shares issued to Sitius Limited is expected to take place following the publication of a supplementary prospectus. This document, which updates the financial disclosures to take account of the recently published results for the year ended 31 October 2020, has been submitted to the FCA for review and approval and the Company will make a further announcement once this process is completed.


For further information please contact:

 Dev Clever Holdings plc 
  Christopher Jeffries 
  Chief Executive Officer and Executive 
  Nicholas Ydlibi 
  Chief Financial Officer                  +44 (0) 330 058 2922 
 Novum Securities Limited - Financial 
  Adviser and Broker 
  David Coffman / Colin Rowbury            +44 (0) 20 7399 9400 
 Buchanan Communications 
  Richard Oldworth / Chris Lane            +44 (0) 207 466 5105 

Notes to Editors:

Dev Clever Holdings plc, together with its wholly owned subsidiary DevClever Limited, is a software and technology group based in Tamworth, United Kingdom, specialising in the use of lightweight integrations of cloud-based VR and gamification technologies to deliver rich customer engagement experiences across both the education and commercial sectors. In January 2019, Dev Clever listed on the Standard List of the London Stock Exchange. The Group's core focus is the development and commercialisation of its core platforms - Educate (its primary focus) and Agency Services (its secondary focus).

Educate Division:

Through Educate, Dev Clever aims to reduce the global skills shortage by delivering an enhanced careers guidance service via its online platform,, and virtual reality software (Victar VR). The business has established a global partnership with Lenovo to roll its service worldwide, with offerings already on the market in the UK, US and Canada. Dev Clever is also focused on the Indian market and has partnered with its National Independent Schools Alliance (NISA) and content provider Veative to provide a comprehensive service offering within Indian budget private schools. Through this, the business is developing and intends to launch a direct-to-consumer offering in India.

Agency Services Division:

The Company's Agency Services division provides customers from the retail, brand and hospitality sectors with bespoke application and customisation of the Group's proprietary cloud-based products in order to increase consumer engagement, transactional efficiencies and enhance customer experience within their venues.

For further information, please visit .

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(END) Dow Jones Newswires

April 07, 2021 02:00 ET (06:00 GMT)

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