REG - Fintel PLC - Issue of shares

FintelAnnouncement

30/10/2024 09:30

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RNS Number : 2274K  Fintel PLC  30 October 2024

30 October 2024

Fintel plc

(the "Company" or "Fintel")

 

Issue of shares

 

 

Fintel plc (AIM: FNTL) announces that it has issued 1,125 ordinary shares
of £0.01 each to satisfy certain share entitlements of members who have
elected to exercise their options pursuant to the Company's Save as You Earn
2021 scheme (SAYE).

 

Application has been made for the 1,125 newly issued shares to be admitted to
trading on AIM, and admission is expected to take place on 04 November 2024
("Admission"). Following Admission, the Company's issued share capital will
consist of 104,187,150 ordinary shares. There are no ordinary shares held in
treasury. Therefore, following Admission, this figure of 104,187,150 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 MHP Group

 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

 David Anderson

 Kamalini Hull

 MHP Group (Financial PR)                       +44 (0) 20 3128 8147

 Reg Hoare                                      Fintel@mhpgroup.com (mailto:Fintel@mhpgroup.com)

 Robert Collett-Creedy

Notes to Editors

Fintel is a UK fintech and support services business, combining
award-winning intermediary business support services, and leading research,
ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of
intermediary firms, 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 and analysis and
targeted distribution strategies to financial institutions and product
providers. Clients include major Life and 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 and 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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