Result of General Meeting
Tiger Alpha Plc, soon to be renamed Potentially AI PLC, has successfully passed all resolutions at its General Meeting, approving the acquisition of Potentially, a share consolidation, and a conditional placing and subscription raising £4.75 million through 95,000,000 new ordinary shares and a further £0.12 million via a retail offer of 2,339,260 new ordinary shares, all at 5 pence per share. The acquisition is set to complete on July 13, 2026, coinciding with the re-admission of the enlarged share capital to AIM. The company will also see board changes with the appointment of Sukhveer Sanghera, Oliver Yonchev, Lord Dominic Johnson, and Jonathan Oliver, while Jonathan Bixby, Alex Borrelli, and Nicholas Lyth will resign. Following the share consolidation, the total number of voting rights will be 382,688,658.
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Change of Board
Change of Company Name
Cancellation and Re-Admission to trading on AIM
and
Total Voting Rights
Tiger Alpha PLC announces that, further to the announcement on 22 June 2026, at the General Meeting held earlier today all resolutions, including the special resolution, were duly passed approving, inter alia, the acquisition of Potentially (the "Acquisition"), the Share Consolidation, and the associated conditional placing and subscription of 95,000,000 ordinary shares of 1 pence each in the Company ("New Ordinary Shares") for £4.75 million and the retail offer for up to 2,339,260 New Ordinary Shares for £0.12 million, both at an issue price of 5 pence per New Ordinary Share. Resolution 1 was passed on a poll vote and all other resolutions on a show of hands.
Consequently, on re-admission of the enlarged share capital to trading on AIM on 13 July 2026, the Acquisition will complete.
The proxy votes for the resolutions were as below:
| Resolution No. | For + Discretion | For + Discretion (%) | Against | Against (%) | Votes Withheld |
|---|---|---|---|---|---|
| 1. Waiver of Rule 9 of the Takeover Code | 194,320,228 | 99.24% | 1,489,108 | 0.76% | 55,030 |
| 2. Approval of the Acquisition | 194,820,738 | 99.50% | 980,598 | 0.50% | 63,030 |
| 3. Authority to allot shares | 194,823,738 | 99.50% | 988,598 | 0.50% | 52,030 |
| 4. Share Consolidation | 189,801,145 | 96.93% | 6,008,191 | 3.07% | 55,030 |
| 5. Increase in aggregate non-executive director remuneration | 194,143,963 | 99.14% | 1,675,999 | 0.86% | 44,404 |
| 6. Appointment of Sukhveer Sanghera as a director | 195,055,220 | 99.61% | 767,742 | 0.39% | 41,404 |
| 7. Appointment of Oliver Yonchev as a director | 194,826,864 | 99.49% | 996,098 | 0.51% | 41,404 |
| 8. Appointment of Lord Johnson as a director | 195,055,220 | 99.61% | 767,742 | 0.39% | 41,404 |
| 9. Appointment of Jonathan Oliver as a director | 194,826,354 | 99.49% | 996,608 | 0.51% | 41,404 |
| 10. Disapplication of pre-emption rights | 194,335,027 | 99.25% | 1,476,935 | 0.75% | 52,404 |
Board Changes
Following the results of the General Meeting, the Company is pleased to confirm that the following Directors will be appointed to the Board upon completion of the Acquisition. Sukhveer Sanghera will be appointed as Chief Architect and Oliver Yonchev will be appointed as Chief Operating Officer. Lord Dominic Johnson and Jonathan ("JC") Oliver will join the Board as independent Non-Executive Directors. Jonathan Bixby, Alex Borrelli and Nicholas Lyth will resign on completion.
Further details on the new directors pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies is set out the end of this announcement.
Change of Company Name and Share Consolidation
Following the approval of the Share Consolidation at the General Meeting, the Company's Existing Ordinary Shares will be consolidated on a 1:10 basis to reduce the number of Existing Ordinary Shares in issue and increase the nominal value. The record date for the Share Consolidation is 6:00pm (London time) today. Following the Share Consolidation taking effect, the Company's new ISIN code will be GB00BTDN2T17 and its new SEDOL code will be BTDN2T1.
The Company confirms that, as announced on 22 June, it has now changed the name of the Company to Potentially AI PLC.
Furthermore, from Admission, the Company confirms that its TIDM will change to API.
Admission and Total Voting Rights
Application has been made for 85,394,398 New Ordinary Shares resulting from the Share Consolidation and 297,339,260 New Ordinary Shares comprising the Consideration Shares, the Fundraise Shares and the WRAP Retail Offer Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on or around 8.00 a.m. on or around 13 July 2026.
Upon Admission and following the Share Consolidation, the Company's issued ordinary share capital will consist of 382,733,658 New Ordinary Shares with one voting right each. The Company holds 45,000 New Ordinary Shares in treasury. Therefore, from Admission the total number of voting rights in the Company will be 382,688,658. With effect from Admission, this 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 Company under the FCA's Disclosure Guidance and Transparency Rules.
Capitalised terms used but not otherwise defined in this announcement have the meanings given to them in the Admission Document, unless the context provides otherwise.
The names of all companies and partnerships of which Sukhveer Sanghera, aged 35, has been a director or partner at any time in the previous five years are set out below:
| Current Directorships | Past Directorships |
| Artificial Superintelligence Pte. Ltd | Earth Ecosystems Private Limited |
| Potentially Studios Limited | Sanghera Capital Inc. |
| Potentially Limited | Social Network Technologies OÜ |
Sanctuari Pte. Ltd.
The Social Network Foundation
Earth Wallet Ltd (Formerly Social Technologies Ltd)
Sukhveer Sanghera will own 97,500,098 New Ordinary Shares, representing of 25.48% of the Company's voting rights.
Save as set out in this announcement, there are no other matters required to be disclosed pursuant to Rule 17 or paragraph (g) of Schedule Two to the AIM Rules for Companies as regards Sukhveer Sanghera's appointment.
The names of all companies and partnerships of which Oliver Yonchev, aged 36, has been a director or partner at any time in the previous five years are set out below:
| Current Directorships | Past Directorships |
| 916 Studios Limited | Cocreatd Limited |
| Cocreatd Limited | Cocreatd x Mad Limited |
| Creatdsupport Limited | Flight Story Group Ltd |
| Discovrd Limited | Flight Story Limited |
| Foundrs Holdings (UK) Limited | FSZDL Ltd |
| Foundrs Holdings Limited | System7 Ventures Limited |
Four Zero Four Holdings
London Cosec Limited
OY Ventures Ltd
Perspective Labs Limited
Potentially Limited
Potentially Studios Limited
This Ting Limited
Unreasonableco Limited
Through his shareholding in CoCreatd Limited, Oliver Yonchev will have a beneficial interest over 67,247,767 New Ordinary Shares, representing of 17.57% of the Company's voting rights.
Save as set out in this announcement, there are no other matters required to be disclosed pursuant to Rule 17 or paragraph (g) of Schedule Two to the AIM Rules for Companies as regards Oliver Yonchev's appointment.
The names of all companies and partnerships of which Lord Dominic Johnson, aged 52, has been a director or partner at any time in the previous five years are set out below:
| Current Directorships | Past Directorships |
| AMP Ventures Limited | AI Pathfinder Inc Limited |
| Block Scholes Limited | C&UCO Management Limited |
| The Lainston Partnership Limited | C&UCO Properties Limited |
C&UCO Services Limited
Somerset Capital Management Limited
Somerset Capital Management LLP
Lord Johnson will own 2,000,000 New Ordinary Shares, representing of 0.52% of the Company's voting rights. Conditional upon Admission, Lord Johnson has been granted a warrant over 6,049,592 New Ordinary Shares, at an exercise price of 5 pence per New Ordinary Shares, which will vest over the three years following Completion. The warrants will have a seven year exercise period from the date of grant.
Save as set out in this announcement, there are no other matters required to be disclosed pursuant to Rule 17 or paragraph (g) of Schedule Two to the AIM Rules for Companies as regards Lord Johnson's appointment.
The names of all companies and partnerships of which JC Oliver, aged 48, has been a director or partner at any time in the previous five years are set out below:
| Current Directorships | Past Directorships |
| M78 Ltd | 31Flavas Ltd |
13 Canfield Gardens Limited
Latent Spatial LLC
Conditional upon Admission, JC Oliver has been granted a warrant over 4,033,061 New Ordinary Shares at an exercise price of 5 pence per New Ordinary Shares, which will vest over the three years following Admission. The warrants will have a five year exercise period from the date of grant.
Save as set out in this announcement, there are no other matters required to be disclosed pursuant to Rule 17 or paragraph (g) of Schedule Two to the AIM Rules for Companies as regards Jonathan (JC) Oliver's appointment.
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