11th Mar 2026 14:48
11 March 2026
Huddled Group plc
("Huddled", the "Company" or the "Group")
Result of General Meeting
Huddled Group plc (AIM:HUD), the circular economy e-commerce group is pleased to confirm that at its General Meeting ("GM") held earlier today, all resolutions were duly passed.
The total number of proxy votes received on each resolution were as follows:
Resolution | For | % | Against | % | Withheld |
1 (ordinary) | 197,541,380 | 99.7% | 515,135 | 0.3% | 961 |
2 (ordinary) | 197,541,380 | 99.7% | 515,135 | 0.3% | 961 |
3 (special) | 197,541,380 | 99.7% | 515,135 | 0.3% | 961 |
4 (special) | 197,490,380 | 99.7% | 536,135 | 0.3% | 30,961 |
At the GM, inter alia, a resolution was passed which granted the authorities to issue the remaining 5,328,572 Ordinary Shares1 (the "New Ordinary Shares") pursuant to the subscription announced on 10 February 2026.
Admission and Total Voting Rights
Application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to take place on or around 12 March 2026. Upon Admission, the New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares.
Following Admission and inclusive of indirect holdings, Martin Higginson, a director of the Company, will hold 14.64% of the Ordinary Shares in the Company.
Certain of the Company's shareholders are deemed to be acting in concert in accordance with The Takeover Code ("the Concert Party"). Following Admission, the Concert Party holding will remain unchanged at 46.40% of the Ordinary Shares in the Company.
Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 434,055,717. The Company does not hold any shares in treasury.
The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
1ordinary shares of 0.040108663 pence each in the Company ("Ordinary Shares")
Enquiries:
For further information please visit www.huddled.com/investors, or contact:
Huddled Group plc Martin Higginson Michael Ashley Daniel Wortley Paul Simpson
| |
Zeus (Nominated Adviser and Joint Broker) James Hornigold, George Duxberry (Investment Banking) Dominic King (Corporate Broking)
Shard Capital LLP (Joint Broker) Erik Woolgar Damon Heath
| Tel + 44 (0) 203 829 5000 |
Alma Strategic Communications (Financial PR) Rebecca Sanders-Hewett Sam Modlin |
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1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | M Capital Investment Partners Limited | ||||
2. | Reason for the notification | |||||
a. | Position/status | A company wholly-owned by Martin Higginson, a Director of the Company | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Huddled Group plc | ||||
b. | LEI | 894500TW3TTWSJ7DYP93 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a. | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of 0.040108663 pence
Identification code (ISIN) for Huddled Group plc ordinary shares: GB00BD5JRP64 | ||||
b. | Nature of the transaction | Subscription of ordinary shares | ||||
c. | Price(s) and volume(s) |
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d. | Aggregated information Aggregated volume Price |
N/A | ||||
e. | Date of the transaction | 11 March 2026 | ||||
f. | Place of the transaction | London Stock Exchange | ||||
Related Shares:
Huddled Group