Interquest : Further re. Notice of General Meeting

Published November 16th at 10:40am

16 November 2017

InterQuest Group PLC

(the 'Company')

Further re. Notice of General Meeting

The Company announces that the wording in the resolution to be proposed at the forthcoming General Meeting of the Company to be held on 30 November 2017 contains a numerical error. It provides that the directors' authority to allot shares is granted up to a maximum aggregate nominal amount of £128,852.43, which corresponds to one third of the issued share capital. The figure should be £289,917.97, which reflects 75 per cent. of the issued share capital of the Company. As stated in the Circular containing the Notice of General Meeting, the proposed resolution is to increase the directors' authority to allot up to 75 per cent. of the issued share capital. The correct wording of the resolution, set out in full below, will be put to the General Meeting:

'That, in substitution for all existing authorities, the directors be and hereby are generally and unconditionally authorised in accordance with section 551 of the Companies Act 2006 to exercise all powers of the Company to allot shares in the Company and to grant rights to subscribe for or to convert any security into shares in the company up to a maximum aggregate nominal amount of £289,917.97 this authority to expire 15 months after the date of this resolution or at the conclusion of the next annual general meeting of the Company, whichever occurs first (unless previously renewed, varied or revoked by the Company in general meeting), but the Company may, before such expiry, make an offer or agreement which would or might require relevant securities to be allotted after the expiry of such authority and the directors may allot relevant securities in pursuance of that offer or agreement as if the authority conferred by this resolution had not expired.'

Enquiries:

InterQuest Group plc
Gary Ashworth, Chairman David Bygrave, Chief Financial Officer Allenby Capital Limited (Nomad)	[phone] [phone]
John Depasquale and Asha Chotai	[phone]
Peterhouse Corporate Finance (Broker)
Duncan Vassey and Fungai Ndoro	[phone]