NAPS.L

Napster Group PLC
Napster Group PLC - Update on Disposal and De-listing timetable
26th January 2022, 11:45
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 7296Z
Napster Group PLC
26 January 2022
 

NAPSTER GROUP PLC   

("NAPS" or the "Company") 

Update on Disposal and De-listing timetable

Napster (AIM:NAPS), a leading music company and operator of the MelodyVR and Napster platforms, is pleased to announce the outstanding dates with respect to the Share Consolidation, the last day of dealings in the Company's ordinary shares and completion for the Disposal are as follows:

Record date in respect of the Share Consolidation

 

5.00 p.m. on 26 January 2022

Expected date and time that the Share Consolidation will become effective

 

8.00 a.m. on 27 January 2022

Record date and time in respect of the Disposal

 

6.00 p.m. on 27 January 2022

Expected date and time for completion of the Disposal 

11.59 p.m. on 27 January 2022

Earliest date of De-Listing / cancellation of admission of New Ordinary Shares from AIM

 

With effect from 7.00 a.m. on 28 January 2022

1)  If any of the above times and/or dates change, the revised times and/or dates will be notified to Shareholders through a Regulatory Information Service.

2)  All references to time in this announcement are to London time, unless otherwise stated.

The ISIN and SEDOL Code for the new Ordinary Shares to be issued pursuant to the share consolidation are as follows:

ISIN code for the New Ordinary Shares issued pursuant to the Share Consolidation

 

GB00BN326503

SEDOL code for the New Ordinary Shares issued pursuant to the Share Consolidation

 

 

BN326503

Following the Share Consolidation, the total number of Ordinary Shares in issue will be 4,558,984. 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

Napster Group PLC
Anthony Matchett, Group CEO 

email@napster.group

finnCap Ltd (Nominated Adviser and Broker)

Corporate Finance: Marc Milmo, James Thompson, Milesh Hindocha

ECM: Tim Redfern, Sunila de Silva 

Tel: +44 (0) 20 7220 0500 

 

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 rns@lseg.com 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
 
 
MSCBFMBTMTITBJT ]]>
TwitterFacebookLinkedIn