Rosslyn Data Technologies PLC Result of General Meeting (0995O)

TIDMRDT

RNS Number : 0995O

Rosslyn Data Technologies PLC

27 May 2020

27 May 2020

Rosslyn Data Technologies plc

("Rosslyn" the "Company")

Result of General Meeting

Further to the announcement on 7 May 2020 regarding the conditional Placing to raise GBP7.3 million (before expenses) at a price of 5.0 pence per share, the Company announces that all Resolutions put to Shareholders in connection with the Placing were duly passed. A summary of the voting results is shown below:

 
                 Votes         For       Discretion   Against   Withheld   % Voting 
                                                                             For* 
 Resolution 
  1            86,640,695   86,631,045       -         9,650       -        99.99% 
              -----------  -----------  -----------  --------  ---------  --------- 
 Resolution 
  2            86,640,695   86,631,045       -         9,650       -        99.99% 
              -----------  -----------  -----------  --------  ---------  --------- 
 

* This represents the number of votes that were cast for the resolutions as a percentage of the number of votes cast in total for each resolution either in person or by proxy.

Accordingly, the Company will raise a total GBP7.3 million via the Placing through the issue and allotment of 146,000,000 new Ordinary Shares. An application has been made for the 146,000,000 Placing Shares to be admitted to trading on AIM, which is expected to take place at 8.00 a.m. on 28 May 2020.

Following Admission, the Company's issued share capital will comprise 338,915,521 Ordinary Shares, of which none are held in treasury. The above figure of 338,915,521 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 voting rights of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Unless otherwise defined, capitalised terms within this announcement have the same meaning as those within the 'Definitions' section of the Company's announcement dated 7 May 2020 under RNS Number 3252M.

Enquiries:

 
                                                                [phone] 
                                                                 3345 
 Rosslyn Data Technologies    Roger Bullen, Chief Executive      [phone] 
  plc                          Officer                           8008 
                                                                [phone] 
                                                                 7441 
  Ash Mehta, Chief Financial                                     [phone] 
   Officer                                                       7798 
                              Stephen Keys/Giles Balleny/Max 
 Cenkos Securities,            Gould (Corporate Finance) 
  Nominated Adviser,           Julian Morse/Russel Kerr         [phone] 
  Broker                       (Sales)                           8900 
 

Notes to Editors

Rosslyn Data Technologies plc, (AIM: RDT) is a leading provider of a cloud-based big-data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers. Further information can also be found on the Company's website at: www.rosslyndatatech.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.

END

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May 27, 2020 07:06 ET (11:06 GMT)