Boanerges Limited – WeShop Transaction Update

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED (“MAR”). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE (“RIS”), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.5 November 2021Boanerges Limited(“Boanerges” or the “Company”)WeShop Transaction UpdateOn 20 October 2021, the Company introduced a General Meeting to be held on 17 November 2021 to approve, amongst different issues, the acquisition of the enterprise, property and identify of WeShop Limited. WeShop Limited, included and registered in England and Wales with firm quantity 08223448, has developed a social/commerce platform that permits customers to share info and suggest and buy merchandise, by way of affiliate networks.The passing of the Company’s resolutions are conditional upon WeShop Limited shareholders passing their decision to approve the acquisition by Boanerges. The Company has been notified by WeShop Limited that it has obtained adequate votes in favour of their written resolutions approving the transaction and as such have accomplished the Asset Purchase Agreement. Accordingly, Boanerges has accomplished the Asset Purchase Agreement, that’s now solely topic to Boanerges shareholder approval on the forthcoming General Meeting. Boanerges has now additionally obtained adequate proxies which have voted in favour of the Resolutions to be tabled on the 17 November 2021 General Meeting.An additional replace announcement shall be made on 17 November 2021, instantly following the General Meeting.In addition, the Company additionally publicizes that it has at present granted choices over 1,750,000 peculiar shares of the Company at an train value of 75p per share, and legitimate for a interval of three years from the date of this announcement, as follows:Andrew Fearon 1,250,000Story continuesOliver Egerton-Vernon 250,000Oana Crisan 250,000The Directors of the Company settle for accountability for the contents of this announcement.For additional info, please contact:The CompanyAndrew Fearon + 44 (0) 808 1968 324AQSE Corporate Adviser:Peterhouse Capital LimitedMan Miller/Mark Anwyl +44 (0) 20 7469 0936

https://uk.finance.yahoo.com/news/boanerges-limited-weshop-transaction-125500828.html

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