Shareholdings and total voting rights
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Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company providing first-party data solutions, has been informed that with the issue of 9,834,521 ordinary shares of 0.5p each in the Company pursuant to the acquisition of Mymyne Limited announced on 9 August 2024 ("Initial Consideration Shares") and their admission to trading on AIM today, two directors of the Company have received Initial Consideration Shares in the Company as announced on 9 August 2024 and as set out in the table below (along with their new total shareholding in the Company):
| Name | Number of Initial Consideration Shares | Number of ordinary shares now held | Percentage of share capital now held |
|---|---|---|---|
| John Hutchinson | 908,059 | 6,495,339 | 2.67% |
| John Regan* | 3,068,140 | 12,088,520 | 4.97% |
*Includes 321,031 Initial Consideration Shares issued to John Regan's wife.
Further details are set out in the FCA notifications, made in accordance with the requirements of the UK Market Abuse Regulation, which are appended further below.
In addition, as a result of the issue of the Initial Consideration Shares, the Company is aware of the following revised interests of Significant Shareholders (as defined in the AIM Rules for Companies) in the Company:
| Shareholder | Number of ordinary shares held | Percentage of share capital now held |
|---|---|---|
| Sanderson Capital Partners | 46,990,471 | 19.32% |
| Tanvier Malik | 13,812,782 | 5.68% |
| Jason Batten | 6,247,625 | 3.61% |
Total Voting Rights
With the issue of the 9,834,521 Initial Consideration Shares, as at today's date, the total number of ordinary shares of 0.5p each in issue and voting rights in the Company is 243,256,852. This figure of 243,256,852 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 share capital of the Company pursuant to the FCA's Disclosure Guidance and Transparency Rules.
| a) | Name | 1) John Hutchinson 2) John Regan 3) Tamsin Hunt |
| 2. | Reason for the Notification | |
| a) | Position/status | 1) Chair 2) Chief Executive Officer 3) Person closely associated with John Regan |
| b) | Initial notification/Amendment | Initial Notification |
| a) | Name | Electric Guitar plc |
| b) | LEI | 894500943SA9KY5T9V86 |
| a) | Description of the Financial instrument, type of instrument | ordinary shares of £0.005 each |
| Identification code | ISIN: GB00BN11T727 | |
| b) | Nature of the transaction | Issue of ordinary shares of £0.005 each as consideration for the acquisition of Mymyne Limited |
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1) 0.73 pence per share 1)908,059 2) 0.73 pence per share 2)2,747,109 3) 0.73 pence per share 3) 321,031 |
| d) | Aggregated information: -Aggregated volume -Price | n/a |
| e) | Date of the transaction | 28 August 2024 |
| f) | Place of the transaction | London Stock Exchange, XLON |
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