Napster Group PLC (NAPS.L) Update on Disposal and De-listing timetable

Napster (AIM:NAPS), a leading music company and operator of the MelodyVR and Napster platforms, is pleased to announce the outstanding dates with respect to the Share Consolidation, the last day of dealings in the Company’s ordinary shares and completion for the Disposal are as follows:

Record date in respect of the Share Consolidation

 

5.00 p.m. on 26 January 2022

Expected date and time that the Share Consolidation will become effective

 

8.00 a.m. on 27 January 2022

Record date and time in respect of the Disposal

 

6.00 p.m. on 27 January 2022

Expected date and time for completion of the Disposal 

11.59 p.m. on 27 January 2022

Earliest date of De-Listing / cancellation of admission of New Ordinary Shares from AIM

 

With effect from 7.00 a.m. on 28   January 2022

1) If any of the above times and/or dates change, the revised times and/or dates will be notified to Shareholders through a Regulatory Information Service.

2) All references to time in this announcement are to London time, unless otherwise stated.

The ISIN and SEDOL Code for the new Ordinary Shares to be issued pursuant to the share consolidation are as follows:

ISIN code for the New Ordinary Shares issued pursuant to the Share Consolidation

GB00BN326503

SEDOL code for the New Ordinary Shares issued pursuant to the Share Consolidation

BN326503

Following the Share Consolidation, the total number of Ordinary Shares in issue will be 4,558,984. This figure 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 under the FCA’s Disclosure Guidance and Transparency Rules.

For further information please contact:

Napster Group PLC
Anthony Matchett, Group CEO

email@napster.group


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