RE: Martin Rushton-Turner Non-Executive Director16 Aug 2024 10:01
The Company has received irrevocable undertakings from the Directors to vote in favour of the Resolutions in respect of their entire holdings amounting to, in aggregate 628,194 Existing Ordinary Shares representing, approximately 16.6 per cent. of the existing ordinary share capital of the Company as at the date of this announcement.
In addition, the Company has received irrevocable undertakings from Shareholders (including all the holders of the Convertible Loan Notes) to vote in favour of the Resolutions in respect of their entire holdings (including New Ordinary Shares that will have been issued as a result of the Conversion). Such holdings will represent approximately 93.0 per cent. (of which holdings by the Directors will represent approximately 30.4 per cent.) of the Ordinary Shares of the Company eligible to vote on the Resolutions
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As announced on 8 July 2024, the Group's, revenues for 2024 are anticipated to be significantly below our previous expectations, albeit still ahead of those in 2023.
The second half of 2024 is expected to show a significant improvement on that performance and the Board expects to see a continuation of that growth trend in 2025.