19th Apr 2021 13:45
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended)
NOT FOR PUBLICATION OR RELEASE IN OR INTO THE UNITED STATES OR AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA, OR ANY PROVINCE OR TERRITORY THEREOF OR TO OR FOR THE ACCOUNT OF ANY NATIONAL, RESIDENT OR CITIZEN OF THE UNITED STATES OR ANY PERSON RESIDENT IN AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA.
19 April 2021
Dev Clever Holdings plc
("Dev Clever" or the "Company")
Publication of Supplementary Prospectus and Issue of Equity
Dev Clever (LSE: DEV), a leading developer of online and immersive career guidance and development platforms and consumer engagement experiences, is pleased to announce the publication of a supplementary prospectus dated 19 April 2021. The prospectus, which has been approved by the FCA, has been published on the Company's website at https://www.devcleverholdingsplc.com/prospectus and will also be available at the FCA's Document Storage Mechanism at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Following the publication of the supplementary prospectus, the Company confirms that further to the announcement of 7 April 2021, the admission to trading of the 20 million new ordinary shares issued to Sitius Limited is expected to take place on or around 22 April 2021.
-ends-
For further information please contact:
Dev Clever Holdings plc Christopher Jeffries Chief Executive Officer and Executive Chairman
Nicholas Ydlibi Chief Financial Officer | +44 (0) 1827 930 408 |
Novum Securities Limited - Financial Adviser and Broker David Coffman / Colin Rowbury | +44 (0) 20 7399 9400 |
Buchanan Communications Richard Oldworth / Chris Lane | +44 (0) 207 466 5105 |
Notes to Editors:
Dev Clever Holdings plc, together with its wholly owned subsidiary DevClever Limited, is a software and technology group based in Tamworth, United Kingdom, specialising in the use of lightweight integrations of cloud-based VR and gamification technologies to deliver rich customer engagement experiences across both the education and commercial sectors. In January 2019, Dev Clever listed on the Standard List of the London Stock Exchange. The Group's core focus is the development and commercialisation of its core platforms - Educate (its primary focus) and Agency Services (its secondary focus).
Educate Division:
Through Educate, Dev Clever aims to reduce the global skills shortage by delivering an enhanced careers guidance service via its online platform, Launchyourcareer.com, and virtual reality software (Victar VR). The business has established a global partnership with Lenovo to roll its service worldwide, with offerings already on the market in the UK, US and Canada. Dev Clever is also focused on the Indian market and has partnered with its National Independent Schools Alliance (NISA) and content provider Veative to provide a comprehensive service offering within Indian budget private schools. Through this, the business is developing and intends to launch a direct-to-consumer offering in India.
Agency Services Division:
The Company's Agency Services division provides customers from the retail, brand and hospitality sectors with bespoke application and customisation of the Group's proprietary cloud-based products in order to increase consumer engagement, transactional efficiencies and enhance customer experience within their venues.
For further information, please visit www.devcleverholdingsplc.com.
Related Shares:
DEV.L