8 March 2024
All Things Considered Group
plc
("ATC", the
"Company" or the "Group")
Result of General
Meeting
All Things Considered Group plc (AQSE: ATC),
the independent music company housing artist representation and
music industry services, is pleased to announce that at its General
Meeting held earlier today, all Resolutions as set out in the
Circular dated 20 February 2024 (the "Circular") relating to the
conditional subscription to raise £2.3 million (before expenses)
were duly passed. The proxy and in-person votes received from
Shareholders on each Resolution were as follows:
|
|
For
|
Against
|
Withheld*
|
|
Votes
|
%
|
Votes
|
%
|
|
|
Ordinary Resolution
|
|
|
To authorise the directors to allot ordinary
shares
|
6,311,544
|
100
|
0
|
0
|
0
|
|
Special Resolution
|
|
|
To disapply Section 561 of the Companies Act
2006
|
6,311,544
|
100
|
0
|
0
|
0
|
*A vote withheld is not a vote in law and
counts neither "For" nor "Against" the relevant
Resolution.
Admission and
Total Voting Rights
Accordingly, application has been made to the
Aquis Stock Exchange for a total of 2,232,905 New Ordinary Shares
to be admitted to trading on AQSE. Admission and dealings in the
2,232,905 New Ordinary Shares are expected to commence at 8.00 a.m.
on 14 March 2024. The New Ordinary Shares will rank pari passu with
the Existing Ordinary Shares. Following Admission, the enlarged
share capital of the Company will consist of 16,359,649 Ordinary
Shares, none of which are held in treasury. Therefore, the total
number of voting rights in the Company will be 16,359,649 and this
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.
This announcement should be read in conjunction
with the full text of the Circular posted to Shareholders on 20
February 2024, a copy of which is available on the Company's
website at: https://www.atcgroupplc.com/investors/.
The same definitions apply throughout this
announcement as are applied in the Circular unless otherwise
defined.
The person responsible for the release of this
announcement on behalf of the Company is Adam Driscoll, Chief
Executive Officer.
For more
information, please contact:
|
ATC
Group
|
Via Alma Strategic
|
|
Adam Driscoll, CEO
|
|
|
Rameses Villanueva, CFO
|
|
|
Panmure Gordon
(UK) Limited
|
+44 (0)207 886 2500
|
|
AQSE Corporate Adviser and
Broker
|
|
|
James Sinclair-Ford / Mark Rogers / Freddie
Wooding
Hugh Rich / Sam Elder
|
|
|
Alma Strategic
Communications
|
+44(0)20 3405 0205
|
|
Hilary Buchanan / Justine James / Robyn
Fisher
|
|
|
About
ATC
ATC Group is an independent music
company combining talent management, live booking and
direct to consumer within the same group.
The Group is headquartered in London, with
offices in Los Angeles, New York and Copenhagen. ATC Group Plc is
led by an experienced management team who have operated across
multiple music industry sectors.
The Group has an established, long-standing
client base which, together with innovative new offerings, gives
the Directors confidence that the company is well positioned to
capitalise on the opportunities emerging from a disrupted music
industry.
The Group's key divisions, grouped under three
segments, are:
Artist
representation
· ATC
Management (Europe and USA) - artist management and
development
· ATC
Live - live event booking agency for artists
Services
·
Sandbag - a market leading merchandising and 'Direct to
Consumer' business
· ATC
Media- providing consultancy and development services
·
Your Army USA - marketing and promotions agency
specialising in dance and electronic music
·
Familiar Music - synchronisation agency placing music in
films, TV, advertisements and other media
·
Minority interest in Driift - a global livestreaming
operator
Events
· ATC
Experience - developing live theatrical events and digital
experiences with artists
·
McKeown Asset Limited -promoter of live music events and
festival management
For more information see: www.atcgroupplc.com