Result of Warrantholder General Meetings
Sundae Bar PLC announced that all resolutions were passed at General Meetings of its 2023 and 2025 Warrantholders, approving revised warrant terms. The company will now have 95,250,000 warrants exercisable at 1.5p expiring on June 15, 2028, with a 12-month restriction on exercise and disposal from June 15, 2026. Additionally, 2,897,620 warrants will be exercisable at 2.5p with the same expiry and restriction period.
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Sundae Bar Plc (AIM: SBAR), the enterprise platform deploying AI agents for business, announces that at General Meetings of the 2023 1p Warrantholders and of the 2025 1p & 2p Warrantholders held earlier today, all resolutions were passed. The revised Warrant terms are set out below.
| Number of Warrants | Exercise Price | Expiry Date | Restrictions on exercising and / or disposing |
|---|---|---|---|
| 95,250,000 | 1.5p | 15 June 2028 | 12 months from 15 June 2026 |
| 2,897,620 | 2.5p | 15 June 2028 | 12 months from 15 June 2026 |
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