Sabien Tech. Regulatory News (SNT)

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.

14 October 2021

Sabien Technology Group plc

("Sabien" or the "Company")

Issue of Equity

Sabien has today issued 95,908 ordinary shares of 3 pence each ("Ordinary Shares") at 34.5 pence per Ordinary Share in settlement of an existing liability of £33,088 (the "New Shares"). Application will be made for the New Shares to be admitted to trading on AIM and admission is expected to become effective on 20 October 2021 ("Admission"). 

Following Admission, the Company will have 14,670,168 Ordinary Shares in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in Treasury. Following Admission, the figure of 14,670,168 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Further Information:

The person who arranged for the release of this announcement on behalf of the Company was Richard Parris, Executive Chairman.

A copy of this announcement will be available from the Company's website at www.sabien-tech.com