TIDMVIS

RNS Number : 1055X

Visum Technologies PLC

24 August 2022

24 August 2022

VISUM TECHNOLOGIES PLC

("VISUM" or the "Company")

Issue of Equity

Visum technologies Plc (AQSE: VIS), a video technology company focussed on the global leisure market, announces that today it issued 1,428,571 Ordinary Shares of GBP0.01 per share ("New Shares") under the waiver of pre-emption rights authorised by shareholders at the general meeting on 3 September 2021. The New Shares rank pari passu with existing shares in issue.

This allotment is part of the convertible loan agreement with StiFag Aktiebolag, as described in the Company's Subscription and Admission document, published on 23 June 2022.

Application has been made for the New Shares to be admitted to trading on the AQSE Growth Market and admission is expected to become effective, and dealings in the New Shares are expected to commence, on 31 August 2022.

Following this issue, the Company's issued share capital consists of 52,149,858 Ordinary Shares, each share carrying the right to one vote. This figure should 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 Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in Treasury.

The Directors of the Company accept responsibility for the contents of this announcement.

For further information please contact:

 
 Visum Technologies PLC 
  Marc Dixon, Chief Executive Officer        marc.dixon@visumtechnologies.net 
  Mike Stilwell, Chief Financial Officer 
 First Sentinel Corporate Finance 
  Limited (AQSE Corporate Adviser) 
  Brian Stockbridge                          Brian@first-sentinel.com 
                                             +44 (0) 203 989 2222

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END

NEXSESFFLEESEEA

(END) Dow Jones Newswires

August 24, 2022 07:26 ET (11:26 GMT)

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