Brooks Macdonald Grp - Issue of Equity to Vendors of Lucas Fettes
11/12/2024 14:00
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RNS Number : 7307P Brooks Macdonald Group PLC 11 December 2024
11 December 2024
BROOKS MACDONALD GROUP PLC
(the "Company")
Issue of Equity to Vendors of Lucas Fettes
Further to the Company's announcement regarding the acquisition of Lucas
Fettes Holdings Limited ("Lucas Fettes"), Brooks Macdonald, a leading wealth
management firm, announces it has issued 12,571 ordinary shares in the Company
("Consideration Shares"). These shares form part of the consideration for the
acquisition and have been issued to the vendors of Lucas Fettes.
Admission and Total Voting Rights
Application has been made for the admission of the Consideration Shares to be
admitted to trading on AIM ("Admission"). The Consideration Shares will rank
pari passu with the existing issued ordinary shares of the Company. It is
expected that Admission will become effective and that trading in the new
ordinary shares will commence at or around 8.00 am on 17 December 2024.
On Admission, the total number of ordinary shares in the Company will be
16,520,539. The Company does not currently hold any ordinary shares in
treasury. Therefore, from Admission, the total number of voting rights in the
Company will be 16,520,539, and this figure may be used by shareholders 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
Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Brooks Macdonald Group plc +44 (0)20 7927 4816
Andrea Montague, CEO
Katherine Jones, CFO
Singer Capital Markets (Nominated Adviser and Joint Broker) +44 (0)20 7496 3000
Charles Leigh-Pemberton / James Moat
Investec Bank plc (Joint Broker) +44 (0)20 7597 4000
Chris Baird / David Anderson
LEI: 213800WRDF8LB8MIEX37
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