i-nexus Global PLC
("i-nexus", the "Company" or the "Group")
Result of General Meeting
i-nexus Global plc (AIM: INX), a leading provider of cloud-based Strategy Execution software solutions designed for the Global 5000, is pleased to announce that further to its announcement on 13 September 2021, all resolutions put to shareholders at its General Meeting held today were duly passed.
Accordingly, the Directors have now been granted authority to issue the 2021 Convertible Loan Notes to the Investors. The 2021 Convertible Loan Notes have been fully subscribed, the Investors' commitments to subscribe for the 2021 Convertible Loan Notes are now irrevocable and unconditional and settlement of the commitments of £0.65m is expected to take place later today.
Additionally, the Directors have been granted the required authority to disapply statutory pre-emption rights in respect of the potential future issue of new Ordinary Shares upon conversion of the 2021 Convertible Loan Notes. This disapplication shall expire on 29 September 2024.
Further announcements will be made upon conversion of the 2021 Convertible Loan Notes.
Capitalised terms used but not defined in this announcement have the meanings set out in the Announcement dated 13 September 2021.
For further information please contact:
| i-nexus Global plc Simon Crowther, CEO Alyson Levett, CFO
| Via: Alma PR |
| Singer Capital Markets (Nominated Adviser and Broker) Sandy Fraser / Alaina Wong (Corporate Finance) Tom Salvesen (Corporate Broking)
| Tel: +44 (0)207 496 3000 |
| Alma PR Caroline Forde / Josh Royston / Robyn Fisher | Tel: +44 (0)203 405 0212 |
About i-nexus Global plc
i-nexus Global plc ("i-nexus") provides cloud strategy execution software to leading global brands aspiring to excel at strategy execution. The Group's scalable, enterprise grade platform is deployed within multiple global blue-chip businesses, predominantly based across the US and Europe.
By digitalising how companies manage the strategic planning process, from developing robust strategic plans to overseeing their delivery and measuring results for data-driven decision making, i-nexus customers achieve breakthrough performance by delivering more strategic goals at pace.
From transformational initiatives across entire organizations to business unit-specific programs, i-nexus strategy execution software is the choice of leaders tasked with aligning people and results to business-critical goals.
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