REG - Fintel PLC - Issue of shares

FintelAnnouncement

25/08/2022 14:15

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RNS Number : 2668X  Fintel PLC  25 August 2022

25 August 2022

Fintel plc

(the "Company" or "Fintel")

 

Issue of shares

 

 

Fintel plc (AIM: FNTL) announces that it has today issued 219,633 ordinary
shares of £0.01 each to satisfy certain share entitlements of members who
have elected to exercise their options pursuant to the Members Share Option
Plan (MSOP).

 

Application has been made for the 219,633 newly issued shares to be admitted
to trading on AIM, and admission is expected to take place on 01 September
2022 ("Admission"). Following Admission, the Company's issued share capital
will consist of 103,476,082 ordinary shares. There are no ordinary shares held
in treasury. Therefore, following Admission, this figure of 103,476,082 should
be used by shareholders as the denominator for the calculation by which they
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.

 

 

For further information, please contact:

 

 Fintel plc

                                    via
 Instinctif Partners

 Matt Timmins (Joint Chief Executive Officer)

 Neil Stevens (Joint Chief Executive Officer)

 David Thompson (Chief Financial Officer)

 Zeus (Nominated Adviser and Joint Broker)
                       +44 (0) 20 3829 5000

 Martin Green

 Dan Bate

 Investec Bank (Joint Broker)
                                                                    +44
 (0) 20 7597 5970

 Bruce Garrow

 David Anderson

 Harry Hargreaves

 Instinctif Partners (Financial PR)
                                                        +44
 (0) 20 7866 7887

 Mark
 Walter
    fintel@instinctif.com

 Tim Linacre

 Notes to Editors

 Fintel is the UK's leading fintech and support services business, combining
 the largest provider of intermediary business support, SimplyBiz, and the
 leading research, ratings, and Fintech business, Defaqto.

 Fintel provides technology, compliance and regulatory support to thousands of
 intermediary businesses, data and targeted distribution services to hundreds
 of product providers and empowers millions of consumers to make better
 informed financial decisions. We serve our customers through three core
 divisions:

 The Intermediary Services division provides technology, compliance, and
 regulatory support to thousands of intermediary businesses through a
 comprehensive membership model. Members include directly authorised IFAs,
 Wealth Managers and Mortgage Brokers.

 The Distribution Channels division delivers market Insight & analysis and
 targeted distribution strategies to financial institutions and product
 providers. Clients include major Life & Pension companies, Investment
 Houses, Banks and Building Societies.

 The Fintech and Research division (Defaqto) provides market leading software,
 financial information and product research to product providers and
 intermediaries. Defaqto also provides product ratings (Star Ratings) on
 thousands of financial products. Financial products are expertly reviewed by
 the Defaqto research team and are compared and rated based on their underlying
 features & benefits. Defaqto ratings help consumers compare and buy
 financial products with confidence.

 For more information about Fintel, please visit the website:
 www.wearefintel.com (http://www.wearefintel.com)

 

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