SimplyBiz Group PLC (The) Total Voting Rights following Acquisition (4840T)
20 Marzo 2019 - 3:55PM
UK Regulatory
TIDMSBIZ
RNS Number : 4840T
SimplyBiz Group PLC (The)
20 March 2019
20 March 2019
The SimplyBiz Group plc
(the "Company" or "SimplyBiz")
Total Voting Rights following Acquisition
Further to the announcement of 20 March 2019 (the "20 March
Announcement") regarding the conditional acquisition of Regulus
Topco Limited, the 100% owner of Defaqto, by SimplyBiz (the
"Acquisition"), the Company confirms that pursuant to the
Acquisition, the following new ordinary shares of 1 pence each in
the Company ("New Ordinary Shares") will be admitted to trading on
AIM, which is expected to take place on 21 March 2019
("Admission"):
-- 7,647,060 New Ordinary Shares in respect of a Primary Placing
(as defined in the 20 March Announcement).
-- 8,504,048 New Ordinary Shares in respect of a Vendor Placing
(as defined in the 20 March announcement).
-- 4,160,600 New Ordinary Shares which were issued to certain of
the shareholders of Regulus Topco Limited, the 100% owner of
Defaqto, as part consideration under the Acquisition.
Admission of the New Ordinary Shares, which is expected to take
place at 8:00 am at 21 March 2019, represents the final condition
to the Acquisition.
The New Ordinary Shares are being issued at 180 pence per
share.
Following the issue of the 20,311,708 New Ordinary Shares and
following Admission, the Company will have 96,782,296 ordinary
shares of 1 pence each ("Ordinary Shares") in issue, with one
voting right each. The Company does not hold any shares in
treasury. The number of Ordinary Shares with voting rights
following expected Admission will therefore be 96,782,296.
Accordingly, following Admission, this figure may be used by
shareholders as a denominator for the calculation by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.
For further information please contact:
Enquiries:
The SimplyBiz Group plc via Instinctif Partners
Matt Timmins (Joint Chief Executive
Officer)
Neil Stevens (Joint Chief Executive
Officer)
Zeus Capital (Nominated Adviser and
Joint Broker) +44 (0) 20 3829 5000
Martin Green
Andrew Jones
Pippa Hamnett
Peel Hunt LLP (Joint Broker) +44 (0) 20 7418 8900
Guy Wiehahn
Andrew Buchanan
Rishi Shah
Instinctif Partners +44 (0) 20 7457 2020
/ SimplyBiz@instinctif.com
Catherine Wickman
Katie Bairsto
About SimplyBiz
With over 3,700 member firms in the UK, The SimplyBiz Group is a
leading independent provider of compliance and business services to
financial advisers, including directly authorised IFAs, directly
authorised mortgage advisers, workplace consultants and directly
authorised consumer credit brokers. It also provides marketing and
promotion, product panelling and co-manufacturing services to more
than 135 financial institutions, through access to its
membership.
About Defaqto
Defaqto is a leading financial services technology business
operating a fintech platform for 8,500 advisers and providing
independent ratings of 21,000 financial products and funds,
licensed by 230 brands.
Defaqto collects data on over 40,000 products and funds and
provides independent information to help banks, insurers and fund
managers to get a complete overview of the financial products
available to consumers and to help consumers make more informed
decisions.
Financial Advisers use Defaqto's services to get an overview of
the market and the financial products available so that they can
select the most suitable products for their clients. The business
also provides comparison sites and product manufacturers with
information to assist consumers.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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