Techducate Holdings Plc – Shareholder & Stakeholder Update
CEO Statement
To all our shareholders and stakeholders,
I fully recognise that this has been a prolonged and, at times, frustrating period for many of you. The combination of the ongoing litigation and the temporary lack of liquidity in the Company’s shares has understandably created uncertainty.
Please be assured that I remain fully committed to resolving the situation and acting in the best interests of all stakeholders. The legal process is complex and must be handled carefully, but it is being actively pursued with the objective of achieving a fair and meaningful outcome.
At the same time, we have continued to focus on building forward value for the Company. The upcoming launch of Consultz represents a significant milestone and a key step in repositioning the business for long-term growth.
I would like to thank you for your continued patience and support. Our priority remains clear: to bring the litigation to a conclusion and to create sustainable value moving forward.
Vincent Wong
Chief Executive Officer
Techducate Holdings Plc
London, United Kingdom – 23 April 2026
Techducate Holdings Plc (“Techducate” or “the Company”) provides the following update to shareholders and stakeholders regarding:
- Shareholder position and trading
- The ongoing litigation involving former director John Lee
- The upcoming commercial launch of the Consultz platform
Shareholder Position & Trading Update
The Company would like to clarify the current position regarding shareholder holdings.
All shares previously issued under Wealth Dragons Group Plc (WDG Plc) remain valid and recognised within the current structure of Techducate Holdings Plc.
There has been no loss or cancellation of shareholder interests.
Shareholders continue to hold their shares either:
- In certificated form; or
- In dematerialised form via their brokers
Following the onset of the ongoing litigation:
The Company ceased trading on the Vienna Stock Exchange.
As a result:
- Shares are currently not publicly traded
- Any transactions may only take place privately on an over-the-counter (OTC) basis between willing parties
The Board fully recognises the importance of restoring liquidity for shareholders. However:
A formal trading platform or relisting is unlikely to be implemented until the conclusion of the litigation.
This is due to:
- The presence of former director John Lee as a significant shareholder
- The need to resolve legal and structural matters before enabling an orderly and compliant trading environment
Once the litigation has concluded:
Shareholders’ existing holdings (originating from WDG Plc) are expected to be transferable within any future trading structure implemented by the Company.
Stakeholders & Affected Individuals
The Company acknowledges that there are individuals beyond shareholders who believe they have suffered financial loss.
We wish to address this directly.
The ongoing litigation is being actively pursued with the intention of recovering value on behalf of the Company and its wider stakeholder base, including those impacted.
At this stage:
- The legal process remains complex and sensitive
- All efforts are being directed toward advancing the case to a successful conclusion
We respectfully request that:
Stakeholders allow this process to proceed without initiating additional claims, demands, or actions against the Company at this time.
Such actions:
- Add pressure and cost
- Complicate the legal strategy
- May reduce the effectiveness of the recovery process
Our priority remains:
To maximise recoveries through the litigation and deliver a fair and structured outcome once the matter is resolved.
The Company appreciates the continued patience and understanding of all stakeholders.
Litigation Update – John Lee Case
The Company continues to progress its claim against former director John Lee. Due to the nature of legal proceedings, and the importance of maintaining confidentiality and legal privilege: The Company is limited in the level of detail it is able to disclose at this stage.
However, we can confirm that:
The case is approaching a significant milestone in the legal process.
Further details cannot be disclosed at this time for legal reasons.
The Company remains fully committed to pursuing the claim and continues to work closely with its legal advisors, DLA Piper.
Vincent Wong continues to actively support and advance the case in coordination with DLA Piper, with the objective of bringing the matter to a conclusion.
Further updates will be provided when it is legally appropriate to do so.
Consultz Platform – Commercial Launch
The Company is pleased to confirm that Consultz, its proprietary knowledge marketplace platform, has now entered its final phase prior to commercial launch.
Following:
- Extensive development
- Beta testing
- Product refinement and iteration
Consultz is now:
Preparing for release on the Apple App Store and Google Play Store in the coming weeks.
About Consultz
Consultz is a real-time knowledge marketplace that enables users to:
- Connect with highly qualified experts
- Book 1-to-1 video consultations on demand
- Receive personalised advice quickly and efficiently
Strategic Importance
Consultz represents:
- Over £4 million of investment into digital infrastructure
- A strategic transition toward scalable, technology-driven revenue models
The Board believes the platform has the potential to:
- Generate meaningful long-term value
- Reposition the Company for future growth
Support from Stakeholders
The Company encourages:
- Shareholders
- Stakeholders
- Their networks
…to support the launch by:
- Joining the platform as users or experts
- Sharing the platform within their communities
Early adoption and engagement will be critical in establishing Consultz as a leading global marketplace for expertise.
Looking Forward
Techducate remains focused on two core priorities:
- Resolving the John Lee litigation
- Launching and scaling Consultz
These represent:
- The recovery of historical value
- The creation of future value
The Company remains committed to acting in the best interests of its shareholders and stakeholders while building a sustainable and scalable business moving forward.
Company Background
Founded in 2009, Techducate Holdings Plc (formerly Wealth Dragons Group Plc) established a global presence through live education events focused on personal and professional development.
Over the past decade, the Company has:
- Delivered training across multiple international markets
- Invested significantly in digital platform development
Consultz represents the next phase in this evolution.
Contact Information
For all enquiries, please contact:
Tracy Spooner
+44 (0)1908 032 432
info@techducateholdings.com
Risk Warning
The value of securities and the income derived from them can fall as well as rise. Investors may not recover their initial investment. Past performance is not a reliable indicator of future results.
Market conditions, liquidity constraints, and external factors may impact the ability to realise investments.
Techducate Holdings Plc
