Result of GM and Subscription
Malvern International PLC announced that all resolutions were passed at its General Meeting, allowing the company to proceed with the issuance of new ordinary shares. Directors and senior management have subscribed for £263,500 worth of new ordinary shares at 23 pence each, totaling 1,145,649 shares. This subscription, along with shares from a conditional placing and retail offer, will result in the admission of 4,140,812 new ordinary shares to AIM, expected on or around March 6, 2026. Following this, the total number of ordinary shares in issue will be 33,471,712.
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Malvern International plc (AIM: MLVN), a global partner in learning and skills development, is pleased to announce that, at its General Meeting held earlier today, all resolutions were duly passed. The results of the voting will be included on the Company's website in due course, www.malverninternational.com.
Further to the announcement at 7 a.m. on 17 February 2026 and following the announcement of the Company's final results for the nine months ended 30 September 2025, Directors and senior management have subscribed for, in aggregate, £263,500 through the issue of 1,145,649 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") at the issue price of 23 pence ("Directors' Subscription Shares").
Following the passing of Resolution 1, the Company will proceed with the allotment and issue of the 2,415,172 new Ordinary Shares pursuant to the conditional placing announced on 17 February 2026, the 579,991 new Ordinary Shares pursuant to the retail offer announced on 24 February 2026, and the Directors' Subscription Shares, as described in the Company's circular published on 17 February 2026.
Application has been made to the London Stock Exchange for admission of 4,140,812 new Ordinary Shares to trading on AIM (the "Admission"). It is expected that Admission will become effective and dealings will commence at 8.00 a.m. on or around 6 March 2026. The new Ordinary Shares will be issued fully paid and will rank pari passu in all respects with the Company's Existing Ordinary Shares.
Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 33,471,712 Ordinary Shares with voting rights. 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's share capital under the FCA's Disclosure Guidance and Transparency Rules.
| 2. | Reason for the notification | |
| a. | Position/status | i) Director ii) Director iii) Director iv) Wife of Richard Mace v) Daughter of Richard Mace vi) Son of Richard Mace vii) PDMR |
| b. | Initial notification /Amendment | Initial notification |
| a. | Name | Malvern International plc |
| b. | LEI | 213800VWAV2HXY1OUT29 |
| a. | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 1 pence GB00BNBVJZ07 |
| b. | Nature of the transaction | Subscription of Ordinary Shares |
| c. | Price(s) and volume(s) | Price Ordinary Shares i 23p 307,393 ii 23p 200,000 iii 23p 60,869 iv 23p 132,608 v 23p 40,869 vi 23p 40,869 vii 23p 43,478 |
| d. | Aggregated information Aggregated volume Price | 826,086 23p |
| f. | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.