Last checked at 1 Oct 2019 11:30
1 October 2019
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
Issue of Shares and Total Voting Rights
JTC today announces that it has allotted and issued 1,128,210 new Ordinary Shares of £0.01 each in the capital of the Company (the "New Shares"). The New Shares have been allotted and issued to the JTC PLC Employee Benefit Trust ("EBT") at the par value of £0.01 each, in order to satisfy future exercises of awards granted to beneficiaries under the rules of the EBT.
The EBT now holds a total of 2,227,988 ordinary shares of £0.01 each in the capital of the Company, representing 1.95 per cent. of the issued share capital.
In relation to the above, applications have been made to the Financial Conduct Authority for admission of the New Shares to the premium listing segment of the Official List of the Financial Conduct Authority and to London Stock Exchange plc for admission to trading of the New Shares on its main market for listed securities (together, "Admission"). The Admission is expected to take place at 8.00 a.m. on Wednesday 2 October 2019.
Following admission of the New Shares the Company will have 113,949,187 Ordinary Shares of £0.01 each in issue. There are no shares held in treasury. Therefore, following admission of the New Shares the total number of voting rights in the Company will be 113,949,187 (the "Voting Rights Figure"), and this Voting Rights Figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their voting rights interest, or a change to that interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
Miranda Lansdowne
JTC (Jersey) Limited
Joint Company Secretary
+44 1534 700 000
Miranda.Lansdowne@jtcgroup.com
About JTC
JTC is an award-winning provider of fund, corporate and private wealth services to institutional and private clients. The Company has a global presence, with over 700 staff operating in more than 18 different jurisdictions and assets under administration totalling c. US$ 110+ billion.
JTC remains fully committed to its shared ownership culture and philosophy, with management and staff continuing to hold over 20% of the equity in the firm, clearly aligning the interests of clients, employees and other stakeholders.
www.jtcgroup.com