8 July 2024
All Things Considered Group
Plc
("ATC" or
the "Company")
Subscription and Admission of
New Ordinary Shares
Total Voting
Rights
On 16 May 2024, ATC announced the
acquisition of 55 per cent. of the issued share capital of Raw
Power Management Limited ("Raw
Power") (the "Acquisition"). As set out in that
announcement and in accordance with the terms of the Acquisition,
Phantom Music Management Limited ("Phantom"), a Raw Power loan note
holder, has subscribed for 181,818 new ordinary shares of 0.01
pence each in the Company ("Ordinary Shares") at a price of 110
pence per Ordinary Share, being equal to the closing mid-market
price of ATC's Ordinary Shares on 1 July 2024.
These 181,818 new Ordinary Shares
will be subject to a 12-month lock-in period and an orderly market
agreement for any disposals for 6-months thereafter.
Admission and Total Voting Rights
An application has been made to the
Aquis Stock Exchange for the 181,818 new Ordinary Shares to be
admitted to trading on AQSE with effect from 11 July 2024
("Admission"). The 181,818
new Ordinary Shares will rank pari passu with the existing Ordinary
Shares.
Following Admission, the enlarged
issued share capital of the Company will consist of 16,541,467
Ordinary Shares, none of which are held in treasury. Therefore, the
total number of voting rights in the Company will be 16,541,467 and
from Admission this figure may be used by shareholders 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 Company under the FCA's
Disclosure Guidance and Transparency Rules.
For further information, please
contact:
|
ATC
Group
Adam Driscoll, CEO
Rameses Villanueva, CFO
|
Via Alma PR
|
|
Allenby Capital Limited -
AQSE Corporate Adviser and
Broker
Jeremy Porter/Liz Kirchner -
Corporate Finance
Matt Butlin - Equity Sales &
Corporate Broking
|
+44(0)20 3328 5656
|
|
Alma Strategic Communications -
Financial PR
Hilary Buchanan/Justine James/Will
Merison
|
+44(0)20 3405 0205
|
About ATC
ATC Group is an independent music
business company operating internationally with strong business
focus in the key commercial areas of music artist's business. The
Group encompasses direct artist representation in the form of
management and live representation, merchandising, music promotion,
live-streaming and a range of other music services.
The Group is headquartered in
London, with offices in the key industry hubs of Los Angeles and
New York and also in Europe.
From 1 January 2024 the Group's key
businesses are structured into segments that reflect the growing
range of the group's activities:
|
·
Artist Representation (ATC Management, Raw Power
Management, ATC Live)
|
|
·
Services (Sandbag, Your Army America, Familiar
Music, Driift)
|
|
·
Live Events and Experiences (ATC Experience,
Mckeown Asset Management)
|
For more information see:
www.atcgroupplc.com