Business
Issue of Shares
Issue of Shares.
About this update from Tpximpact Holdings Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n 24 February 2023\n \n \n \n T\n \n \n PXimpact Holdings PLC\n \n \n \n (\n \n \"TPX\",\n \n \n \"T\n PXimpact\n \", or the \"Company\")\n \n \n \n \n \n \n \n Issue of Shares\n \n \n \n \n \n \n \n \n \n \n \n TPXimpact Holdings PLC (AIM: TPX)\n , the technology-enabled services company focused on digital transformation, announces that the Company has today issued 360,010 new ordinary shares of 1 penny each (\"Ordinary Shares\") in respect of outstanding acquisition consideration totalling £299,267 (the \"Earnout Shares\").\n \n \n \n \n \n Following the issue of the Earnout Shares, the Company has additional future consideration to pay totalling £232,500 subject to the achievement of the requirement earnout milestones. The maximum number of further Ordinary Shares to be issued in respect of this consideration is 283,537. Further details of the share issues are set out below:\n \n \n \n \n \n \n \n \n \n \n Value of future consideration payable\n \n \n \n \n \n \n Minimum share price\n \n \n \n \n \n \n Max shares to be issued\n \n \n \n \n \n \n \n £232,500\n \n \n \n \n 82p\n \n \n \n \n 283,537\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Timing of payment of acquisition consideration\n \n \n \n \n \n \n Value\n \n \n \n \n \n \n \n Within the next 6 months\n \n \n \n \n \n £232,500\n \n \n \n \n \n \n \n Between 6-12 months\n \n \n \n \n 0\n \n \n \n \n \n \n After 12 months \n \n \n \n \n 0\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Admission to trading and total voting rights\n \n \n \n \n \n \n An application has been made for the admission of the Earnout Shares to trading on AIM which is expected to take place on or around\n 27 February 2023.\n \n \n \n \n \n T\n he new Ordinary Shares issued and admitted to trading will rank pari passu in all respects with the existing Ordinary Shares.\n \n \n \n \n \n Therefore, following this issue of the Earnout Shares,\n TPXimpact Holdings PLC's (AIM: TPX) total issued share capital consists of 91,876,019 ordinary shares of 1 penny each (\"Ordinary Shares\"). The Company does not hold any Ordinary Shares in treasury.\n \n \n \n \n \n Therefore, the total number of voting rights in the Company is 91,876,019.\n \n \n The above figure of 91,876,019\n may...