REG - Amicorp FS (UK) PLC - Share Reorganisation

Amicorp FS (UK)Announcement

21/02/2025 07:00

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RNS Number : 7521X  Amicorp FS (UK) PLC  21 February 2025

 LEI: 21380028AUYWGMYXQA57  21 February 2025

 

 

Amicorp FS (UK) Plc

('AMIF', the 'Company' or the 'Group')

 

Share Reorganisation

 

Amicorp FS (UK) Plc, the international specialist fund services group,
announces that the Company has been notified of a share reorganisation carried
out by its major shareholder, Amicorp Investments Limited ('AIL').

 

AIL has transferred (i) 55,200,655 Ordinary Shares to its majority
shareholder, United Investment and Consultancy Co. Ltd. ('United') and; (ii)
14,468,204 Ordinary Shares to its remaining minority shareholders, by way of
an in-specie dividend (the 'Share Reorganisation').

 

As a result of the Share Reorganisation, the Company has been notified that
the respective interests (within the meaning of the Companies Act) of AIL,
United and one of AIL's minority shareholders will be as follows (in each case
representing, or which will represent, directly or indirectly, 3% or more of
the issued share capital of the Company ('Issued Share Capital')):

 

 Name                             Number of         Percentage of Issued

                                  Ordinary Shares    Share Capital (%)

 AIL                              17,709,442        14.76

 United                           55,200,655        46.01

 Smart Business Investments Ltd.  4,349,410         3.63

 

Recognising the change of shareholdings resulting from the Share
Reorganisation, AIL consulted with Bowsprit Partners Limited ('Bowsprit
Partners') pursuant to the orderly market terms of the lock-in agreement
entered into between the Company, Bowsprit Partners and Amicorp Limited on 2
June 2023 ('IPO Lock-In') (subsequently novated from Amicorp Limited to AIL on
8 February 2024).  AIL remains bound by the orderly market terms of the IPO
Lock-In in respect of its remaining shareholding.

 

Furthermore, as a result of AIL no longer holding 20% or more of the voting
capital of the Company, its obligations under the relationship agreement
entered into by the Company and Amicorp Limited on 2 June 2023 (subsequently
novated to AIL) automatically terminated upon completion of the Share
Reorganisation. These obligations were simultaneously novated to United
pursuant to a deed of novation entered into by United and the Company on 21
February 2025.

 

The Share Reorganisation does not change the total voting rights in the
Company, which remain at 119,968,000.

 

- Ends -

 

 

For further information please contact:

 

 Amicorp FS (UK) Plc                                  Via Burson Buchanan

 Toine Knipping, Non-Executive Chairman

 Chi Kin Lai, Chief Executive Officer

 Tat Cheung (Stephen) Wong, Chief Financial Officer

 Zeus (Broker)                                        Tel: +44 (0) 20 3829 5000

 Martin Green / Louisa Waddell (Investment Banking)   www.zeuscapital.co.uk (http://www.zeuscapital.co.uk)

 Benjamin Robertson (Corporate Broking)

 Media enquiries:                                     Tel: + 44 (0) 20 7466 5000

 Burson Buchanan (Financial Communications)           AmicorpFS@buchanan.uk.com (mailto:AmicorpFS@buchanan.uk.com)

 Simon Compton                                        www.bursonbuchanan.com (http://www.bursonbuchanan.com)

 Verity Parker

 

Notes to Editors

 

AMIF is an international specialist fund services group that works with a
broad mix of clients including institutional investors, fund managers (private
equity, venture capital and hedge funds) as well as family offices to provide
a suite of specialist services across global markets. AMIF provides local and
global expertise to over 550 funds.

 

AMIF provides a comprehensive and tailored range of services which are all
underpinned by market-recognised technology solutions that support clients
from a single point of contact.

 

These include:

 

Fund Administration and Investor Services: Fund accounting, fund
administration, in-house NAV calculation, investor services including Register
& Transfer Agency services, booking of subscriptions & redemptions,
audit liaison/support, real time oversight over investment performance.

 

Governance and Compliance Services: FATCA and CRS reporting services,
Fiduciary, Anti-Money Laundering (AML) officer services in compliance with
international rules and regulations including administrative support to the
Board and Committees of the Board.

 

BPO Services: Simplifying accounting and administration services through
automated accounting processes and providing management insight into business
operations through regular and consistent management reporting.

 

For further information please visit www.amicorp-funds.com/chairmans-welcome/
(http://www.amicorp-funds.com/chairmans-welcome/)

 

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