28 Jul 2016 14:39
28 July 2016
DJI Holdings plc
("DJI" or the "Company")
Result of General Meeting and Total Voting Rights
DJI Holdings plc (AIM: DJI, "the Group", "DJI"), a provider of technology for the promotion and transaction of online bookings, mobile payments and lottery sales in China, announces that at the General Meeting held today, all resolutions put to Shareholders were duly passed.
Admission and Total Voting Rights
Accordingly, Admission of the Second Placing Shares will become effective and dealings in the Second Placing Shares will commence at 8.00 a.m. tomorrow.
Following Admission of the Second Placing Shares, DJI will have 194,841,391 Ordinary Shares in issue. DJI holds no Ordinary Shares in treasury. This figure, therefore, of 194,841,391 may be used by Shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of DJI under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.
The further 12,100,000 new Ordinary Shares issued pursuant to the £11.5m placing announced on 19 July 2016 will be admitted on 1 August 2016 and a further announcement will be made at that time.
Capitalised terms or expressions used in this announcement have the same meanings as given to them in the announcement made by DJI on 1 July 2016, unless the context requires otherwise.
ENDS
For further information please contact:
DJI Holdings plc | +44 (0) 1565 872990 |
Darren Mercer, Group Chief Executive | |
IHA Consulting | +44 (0) 20 3393 1185 |
Stephen Benzikie | |
Strand Hanson Limited (Nominated & Financial Adviser) | +44 (0) 20 7409 3494
|
Andrew Emmott / Ritchie Balmer
Mirabaud Securities LLP (Broker to DJI) |
+44 (0) 20 7878 3362 |
Peter Krens |
Notes to editors
DJI's strategy is to use its secure, robust and versatile marketing technology platform to capitalise on the migration online of China's consumer and public services sectors.
The Group has a partnership with Xinhuatong Network Co., Ltd. and provincial offices of Xinhua News Agency, the state news organisation in China, to supply game technology platform and facilitate mobile payments through the Xinhua News Mobile App for public utility bills including electricity, gas, water, mobile phone top-ups and traffic fines in an initial seven of 12 targeted provinces in China.
DJI also has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) to provide support services to all of HSB's commercial activities. These include football and winter sports in the province, notably China's largest ski resort, Yabuli.
The HSB joint venture contains, for the first time in a Chinese province, a Business-to-Business (B2B) online booking system for sports, based on DJI's technology. The JV agreed terms with three of China's largest online portals to sell and promote this B2B system from 1 November 2015.
DJI will continue to work with Chinese government agencies at national and provincial level, e-commerce channel partners and payment providers to develop opportunities to support a wide range of services and transactions online, including mobile and digital media.