<aside> đź’ˇ We believe in clear and open communication, always. Here are key points we want to bring to your attention before you consider investing in Altify.
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Since incorporation, neither Altify Group nor any of its subsidiaries has been involved in any legal disputes.
Altify Group Limited has a vanilla capital structure. Altify Group Limited has only ever issued ordinary shares to its shareholders, and there is no intention at this stage for additional classes of shares to be issued. All subsidiary companies within the Altify Group are 100% held by Altify Group Limited, i.e. there are no minority shareholders.
In addition, none of Altify Group Limited or any of its subsidiaries, have issued any external debt to third parties.
Alison Sanders is Sean Sanders’ (Altify’s Founder & CEO) sister and holds less than 5.00% of the issued share capital of Altify Group Limited. Alison has agreed to sell her shares to Sean over the next 36 months.
Altify shareholders have agreed to waive their pre-emptive rights outlined in Altify’s Shareholders Agreement to enable this sale.
RVX Investments Limited (UK Company number: 13742353) located at Suites 3 To 5 Fulham Business Exchange, The Boulevard, London, England, SW6 2TL, was incorporated in 2021 for the purposes of assisting Altify’s COO, Tiaan Wolmarans, and CTO, Ruan Smit, to relocate to the United Kingdom to drive Altify’s expansion into Europe and the United Kingdom.
The entity is 100% owned by the COO and CTO of Altify Group Limited, Tiaan Wolmarans and Ruan Smit, who are also the sole shareholders of this company.
There have never been any dividends paid from RVX Investments Limited nor are there any outstanding loans or lines of credit extended to shareholders or directors.
Once the COO and CTO have relocated to the United Kingdom, the entire share capital of RVX Investments will be acquired by Altify Group Limited for the nominal value of GBP 1.00 (One Great British Pound).