Last checked at 4 May 2023 07:00
4 May 2023
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
Issue of Equity and Voting Rights
Further to its announcement of the acquisition of Segue Partners ("Segue") on 16 September 2021, JTC further announces that it has allotted and issued 45,386 new Ordinary Shares of £0.01 each in the capital of the Company (the "New Shares"). The New Shares have been issued at par value in order to satisfy deferred share consideration due under the terms of the Securities Purchase Agreement dated 15 September 2021 pursuant to which the Company acquired Segue.
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"). Admission is expected to take place at 8.00 a.m. on Tuesday 9 May, 2023.
Following Admission the Company will have 149,106,499 Ordinary Shares of £0.01 each in issue. There are no shares held in treasury; therefore, on Admission the total number of voting rights in the Company will be 149,106,499 (the "Voting Rights Figure"). The 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
Company Secretary
+44 1534 700 000
Miranda.Lansdowne@jtcgroup.com
About JTC
JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all our stakeholders. Our purpose is to maximize potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.
www.jtcgroup.com