RE: rns out10 Mar 2020 07:16
Dev Clever, a leading developer of mobile and immersive experiences, is pleased to announce that it has entered into a conditional agreement to purchase the entire issued share capital of Phenix Digital Limited, a multi-service digital agency within the education sector ("Phenix") for a mixture of cash consideration of £100,000 and 3,571,429 new ordinary shares of 1p each in the capital of Dev Clever ("Consideration Shares"). Completion of the acquisition is conditional upon admission of the Consideration Shares to listing on the standard segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission"). Admission is expected to become effective on Friday, 13 March 2020.