Lift Global Ventures Plc (AQSE:LFT) is pleased to announce that all Resolutions proposed at the General Meeting of the Company held earlier today were duly passed .
Following the approval of the Resolutions, the transaction, as announced on 8 August 2022, has become unconditional in all respects. Lift Global Ventures Plc has therefore concluded the acquisition of Miriad Limited, which will become a wholly owned subsidiary with effect from today’s date .
The Directors of the Company have approved the issue and allotment of 4,166,666 Ordinary Shares (“Consideration Shares”) and the payment of £200,000 to the sellers of Miriad Limited (including, Zak Mir) in satisfaction of the consideration. The Company will make an application for the Consideration Shares to be admitted to trading.
Paul Gazzard, Non-Executive Chairman of Lift Global Ventures Plc, commented: “I am delighted that the Miriad deal has been voted through today, as it provides a firm foundation for Lift, so soon after the Company’s IPO, upon which to build further value for shareholders.”
Enquiries:
Lift Global Ventures Plc
Zak Mir, CEO
Tim Daniel, Executive Director
+44 (0)203 745 1865
