4 Jun 2021 11:36
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.
4 June 2021
Sportech PLC
("Sportech", the "Company" or the "Group")
Publication of Circular and Notice of General Meeting
Further to the announcement earlier today of the proposed cancellation of listing of the Company's ordinary shares (the "Ordinary Shares") from the Official List of the Financial Conduct Authority and to trading on the Main Market of London Stock Exchange plc (the "Delisting") and proposed admission of the Ordinary Shares to trading on AIM ("AIM Admission"), Sportech announces that it has today published an explanatory Circular (the "Circular") containing details of the proposed Delisting and AIM Admission together with a notice of the General Meeting, that will be posted to shareholders shortly.
The Circular has been submitted to the Financial Conduct Authority's National Storage Mechanism (the "NSM") and will be available for inspection on the NSM's website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Circular will also be available to view on the Company's website at https://www.sportechplc.com.
The Company continues to monitor closely the evolving COVID-19 situation as the restrictions on social distancing and non-essential travel in Scotland and the wider United Kingdom are gradually eased. Although UK based shareholders are expected to be permitted to attend the General Meeting in person, it is likely that the General Meeting will be significantly reduced in scale due to the continuing social distancing measures and the Board strongly recommends that Shareholders vote on the Resolution by submitting an online proxy to appoint the chairman of the General Meeting as their proxy, rather than attending the General Meeting in person. A limited number of Directors will be in attendance and a limited number of Shareholders or properly appointed proxies who have made an advance booking to attend will be permitted access to the meeting room. Advance bookings to attend will be allocated to Shareholders on a first come first served basis.
All proxies should be received as soon as possible and, in any event, by no later than 10.05 a.m. on 25 June 2021 (or, if the General Meeting is adjourned, not later than 48 hours before the time fixed for the holding of the adjourned meeting).
Capitalised terms not otherwise defined in this announcement shall have the meaning given to them in the Circular.
For further information, please contact:
Sportech PLC Giles Vardey, Chairman Richard McGuire, Chief Executive Officer Tom Hearne, Chief Financial Officer
| Tel: +44 (0) 117 902 9000
|
Peel Hunt LLP - Corporate Broker George Sellar Andrew Clark Will Bell
| Tel: +44 (0) 20 7418 8900
|
Buchanan - Financial PR Adviser to Sportech Henry Harrison-Topham Jamie Hooper | Tel: +44 (0) 20 7466 5000 sportech@buchanan.uk.com
|
Important notice
Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Sportech and for no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than Sportech for providing the protections afforded to clients of Peel Hunt or for providing advice in relation to the contents of, or matters referred to in, this announcement.
Additional information
Publication on a website
A copy of this announcement will be available at https://www.sportechplc.com/investors/. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.