Business
Issue of Shares, Transfer of Shares from EBT & TVR
Issue of Shares, Transfer of Shares from EBT & TVR.
About this update from Tpximpact Holdings Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n 12 December 2022\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 Transfer of Shares from EBT\n \n \n \n \n and\n \n \n \n \n Total Voting Rights\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 283,535 new ordinary shares of 1 penny each (\"Ordinary Shares\") in respect of outstanding acquisition consideration totalling £232,500 (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 £531,767 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 643,558. 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 £299,267\n \n \n \n \n 83.125p\n \n \n \n \n 360,021\n \n \n \n \n \n \n \n £531,767\n \n \n \n \n \n \n \n \n \n \n \n \n \n 643,558\n \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 £531,767\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 Partnership Shares and Transfer of Shares from EBT\n \n \n \n \n \n \n \n \n The SIP Trustees (Cytec Trustees Limited) acquired a total of\n 19,098\n \n shares (the \"Partnership Shares\") on 8 December 2022 at a price of £0.62 per Ordinary Share and total aggregate cost of £11,840.76. The Partnership Shares were acquired through market purchases and have been allocated to those Company employees participating in itsShare Incentive Plan (SIP) scheme. As set out at the time of the announcement of TPXimpact's interim results on 30 November 2020, this SIP Pl...