Engage XR Holdings PLC Exercise of Options (5099R)

TIDMEXR

RNS Number : 5099R

Engage XR Holdings PLC

05 November 2021

5 November 2021

ENGAGE XR Holdings plc

('ENGAGE' or the 'Company')

Exercise of Options

ENGAGE (AIM: EXR; Euronext Growth: EXR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, announces that it has received notification for the exercise of options over 350,000 ordinary shares in the Company at an exercise price of EUR0.026 (2.2 pence) per share providing the Company with gross proceeds of EUR9,100.00 ("Option Exercise").

Application will be made to the London Stock Exchange and to Euronext Growth Dublin to admit the 350,000 new ordinary shares resulting from the Option Exercise to trading on AIM and Euronext Growth Dublin respectively. Admission of the new ordinary shares is expected to occur on or around 10 November 2021. The new ordinary shares will rank pari passu with the existing ordinary shares.

For the purpose of the Disclosure and Transparency Rules, following the issue of shares detailed above the enlarged issued share capital of the Company will comprise 290,451,146 ordinary shares of EUR0.001 each. The above figure 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 Disclosure and Transparency Rules.

The Directors of the Company take responsibility for this announcement. This announcement contains inside information for the purposes of the UK Market Abuse Regulation.

- Ends -

For further information, please contact:

 
 ENGAGE XR Holdings plc                                 Tel: [phone] 
  Richard Cooper, Chairman                    [e-mail] 
  David Whelan, CEO 
  Sandra Whelan, COO 
 
   Cairn Financial Advisers LLP (Nominated               Tel: [phone] 
   Adviser)                                                              0880 
   James Caithie / Liam Murray / Ludovico 
   Lazzaretti 
 
   Shard Capital Partners LLP (Joint                     Tel: [phone] 
   Broker)                                                               9952 
   Damon Heath / Erik Woolgar 
 
   Davy (Joint Broker & Euronext Growth                  Tel: [phone] 
   Advisor) 
   Barry Murphy / Lauren O'Sullivan 
   / Oisin Morgan 
 
   SEC Newgate (Financial PR)                            Tel: [phone] 
   Elisabeth Cowell / Robin Tozer /                                       366 
   Isabelle Smurfit                              [e-mail] 
 
 

Notes to Editors

ENGAGE is a virtual reality ('VR') technology company focused on becoming a leading global provider of virtual communications solutions through its proprietary software platform, ENGAGE, ENGAGE provides users with a platform for creating, sharing, and delivering VR content for education, training, and online events through its three solutions: Virtual Campus, Virtual Office, and Virtual Events.

ENGAGE is listed on AIM in London and on the Enterprise Securities Market, a market regulated by Euronext Dublin. For further information, please visit: www.engagexrholdings.com .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ALSUPGUPGUPGGUA

(END) Dow Jones Newswires

November 05, 2021 06:24 ET (10:24 GMT)