The Board of Jaywing plc ("Jaywing" or the "Company"), the marketing and data science business specialising in integrated marketing and risk and data consulting, announces that on 22 December 2024, it received a letter from major shareholder, Michael Ashcroft, the legal holder of 27,519,737 ordinary shares, representing 29.49 per cent of the issued ordinary share capital, in the Company.
The Letter requests the Company to convene a general meeting of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the "Act") and consider a resolution to delist the company from the AIM market, to have effect on or prior to 1 March 2025.
A copy of the Letter is available via the Investors section of the Company’s website.
The board of directors intends to comply with its obligations in accordance with section 304 of the Act which requires it to call a general meeting within 21 days of receipt of a valid requisition and to hold such general meeting on a date not more than 28 days after the date of the notice convening such general meeting.
Shareholders are advised to take no action at this time. Further announcements will be made in due course.
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For further information on the Company, please visit www.jaywing.com or contact:
Jaywing plc
David Beck - Executive Chairman
Christopher Hughes (CFO and COO)
T: +44 (0)333 370 6500
SPARK Advisory Partners Limited (Nominated and Financial Adviser)
Matt Davis / James Keeshan
T: +44 (0) 20 3368 3552
Turner Pope (Broker)
James Pope / Andy Thacker
T: +44 (0) 20 3657 0050