30 May 2024
LifeSafe Holdings
plc
("LifeSafe", the
"Group", or the
"Company")
Result of General Meeting and
Total Voting Rights
LifeSafe (AIM:LIFS), a fire safety
technology business with innovative fire extinguishing fluids and
fire safety products, is pleased to announce that, at the General
Meeting held earlier today, both resolutions as set out in its
Notice of General Meeting dated 14 May 2024 were duly
passed.
Capitalised terms used but not
otherwise defined in this announcement shall have the meanings
given to them in the Company's announcement made at 4:35
p.m. on 13 May 2024, unless the context requires
otherwise.
Admission and Total Voting
Rights
Following the General Meeting, the
Company will allot and issue 20,000,000 Fundraising
Shares.
Application has been made to
the London Stock Exchange for admission of the
Fundraising Shares to trading on AIM. It is expected that Admission
will become effective and dealings in the Fundraising Shares will
commence on AIM at 8.00 a.m. on 31 May
2024. The Fundraising Shares will rank pari passu in all
respects with existing ordinary shares of 1
pence each.
Following Admission, the total
number of shares in the capital of the Company in issue with voting
rights will be 47,875,983 ordinary shares of 1
pence each. 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, LifeSafe under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
Result of the
meeting
Details of the results of the voting
(which was undertaken by way of a poll vote) at the General Meeting
are set out below. Resolution 1 was proposed and passed as an
ordinary resolution and resolution 2 was proposed and passed as a
special resolution.
|
|
For
|
Against
|
|
|
Votes
|
% of votes cast
|
Votes
|
% of votes cast
|
|
1. Authority to allot
shares
|
19,239,736
|
88.2
|
2,579,169
|
11.8
|
|
2. Disapplication of pre-emption
rights
|
19,224,336
|
88.1
|
2,594,569
|
11.9
|
The passing of the Resolutions is
one of the conditions to completion of the Fundraising, and as a
result of the votes cast in their favour, that particular condition
has been satisfied.
For
further enquiries:
|
LifeSafe Holdings plc
Dominic Berger, Chairman
Neil Smith, Chief Executive
Officer
Mike Stilwell, Chief Financial
Officer
|
info@lifesafetechnologies.com
|
|
Zeus (Nominated Adviser &
Broker)
David Foreman, Alexandra
Campbell-Harris (Investment Banking)
Alice Lane (Corporate
Broking)
|
Tel:
+44 (0) 203 829 5000
|
Notes to Editors
LifeSafe is a fire safety technology
business that develops eco-friendly, novel and innovative fire
extinguishing and prevention fluids and life-saving fire safety
products. LifeSafe has developed a market disrupting range of
eco-friendly fire safety protection products; a new patent-pending
Thermal Runaway Fluid to combat lithium battery fires by
permanently extinguishing and preventing re-ignition, and the
StaySafe All-in-1, a handheld eco-friendly and fully recyclable
extinguisher which is verified to extinguish ten different types of
fire and is the number one selling fire extinguisher on Amazon UK.
LifeSafe is successfully creating new markets for the Group
in fire safety through its innovative technologies, products,
digital marketing and multi-channel sales; and is continuing to
develop new fluid derivations for applications in various
industrial market sectors.
LifeSafe was admitted to trading on
AIM in July 2022 with the ticker LIFS.
For further information please
visit: https://www.lifesafeholdingsplc.com.
LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
Twitter: https://twitter.com/LifesafeT