RedCloud will Hold General Meeting of Shareholders on October 30, 2026

LONDON, Oct. 06, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), which is building the AI prediction infrastructure for global FMCG trade, today announced that its Board of Directors has convened a General Meeting of shareholders (the “General Meeting”) to be held on Friday, October 30, 2026 at 10:00AM ET / 14:00 GMT for shareholders of record as of the close of business on September 25, 2026.

At the General Meeting, the Company will seek shareholder approval to effect a share consolidation pursuant to which every 20 existing ordinary shares of £0.002 each in the capital of the Company will be consolidated into one new ordinary share of £0.04 in nominal value each (the “Consolidated Ordinary Shares”). Where such consolidation results in any shareholder being entitled to a fraction of a new Consolidated Ordinary Share, no shareholder will be entitled to receive a fraction of a Consolidated Ordinary Share, and such fractions will be aggregated into whole shares and the directors of the Company are authorized to sell, or appoint another person to sell, the aggregated whole shares for the best price reasonably obtainable. The net proceeds of such sale, after deduction of the expenses of the sale, will be distributed in due proportion among the members who would otherwise be entitled to the fractions. If approved by shareholders, the share consolidation is expected to be effective on or about November 13, 2026.