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Result of Retail Offer

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Mpac Group plc ("Mpac" or the "Company") (AIM: MPAC), the AIM quoted global leader in high-speed packaging and automation solutions, is pleased to announce that, further to the announcement made on 1 October 2024 regarding the proposed Retail Offer (the "Retail Offer Announcement"), and following the closing of the Retail Offer on 7 October 2024, 250,000 Retail Offer Shares will be issued at 400 pence per Retail Offer Share.

The Retail Offer was significantly oversubscribed and therefore allocation of the Retail Offer Shares was made to existing Shareholders applying the principles of soft pre-emption. Shareholders were allocated approximately 20% of their soft pre-emptive allowance,(1) when their order matched or exceeded their soft pre-emptive allowance. Consequently, 250,000 Retail Offer Shares, resulting in a total of 250,000 new Ordinary Shares will be issued in relation to the Retail Offer.

The Retail Offer is conditional upon, amongst other things, completion of the Placing and the Retail Offer Shares being admitted to trading on AIM. The issue of the Retail Offer Shares remains subject to the passing of certain resolutions at a general meeting of the Company to be held at 2 Argosy Court, Coventry, CV3 4GA on Friday 18 October 2024 at 9.00 a.m.

Admission, settlement and dealings

Admission is expected to take place at 8.00 a.m. on 21 October 2024 and dealings in the Retail Shares are expected to commence at 8.00 a.m. on 21 October 2024 or, in each case, such later time and/or date as the Joint Bookrunners and the Company agree (being in any event no later than 8.00 a.m. on 28 October 2024).

  • Soft Pre-emptive allowance Calculation: Existing shares X34.829% (Dilution from total new shares being issued) = Soft Pre-emptive allowance allocation shares

The ISIN number of the Retail Offer Shares is GB0005991111. The TIDM is MPAC. Further information on the Company can be found on its website at: https://mpac-group.com/

INFORMATION TO DISTRIBUTORS

UK Product Governance Requirements

EU Product Governance Requirements

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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