REG - JTC PLC - Completion of FFP Acquisition and Issue of Equity

JTCAnnouncement

18/11/2024 07:00

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RNS Number : 5179M  JTC PLC  18 November 2024

18 November 2024

For immediate release

 

JTC PLC

(the "Company" and together with its subsidiaries "JTC" or the "Group")

 

Completion of FFP Acquisition and Issue of Equity

 

JTC announces today, further to its announcement on 18 June 2024, and
following receipt of all applicable change of control and regulatory approvals
and an extension to the target completion deadline to allow satisfaction of
all closing conditions, the completion of its acquisition of FFP (Holdings)
Limited ("FFP").

As part of the initial consideration for the acquisition of FFP, applications
have been made to the Financial Conduct Authority ("FCA") and to the London
Stock Exchange plc (the "London Stock Exchange") for 1,087,341 new ordinary
shares of £0.01 each in the capital of the Company to be admitted to trading
on the main market of the London Stock Exchange ("Admission"). It is expected
that Admission will become effective and dealings will commence at 8.00am on
Thursday 21 November 2024.

Following Admission, the Company will have 168,753,026 ordinary shares of
£0.01 each in issue. There are no shares held in treasury. Therefore,
following Admission the total number of voting rights in the Company will be
168,753,026 (the "Voting Rights Figure"), and this Voting Rights Figure may be
used by the Company's shareholders as the denominator for the calculations by
which they will determine if they are required to notify their voting rights
interest, or a change to that interest, in the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

For further information please contact:

 JTC plc                                       Tel: +44 (0)1534 700 700
 Nigel Le Quesne, Chief Executive Officer
 Martin Fotheringham, Chief Financial Officer
 David Vieira, Chief Communications Officer    Tel: +44 (0) 7797 735 444
 Camarco (Financial PR)
 Geoffry Pelham-Lane                           Tel: +44 (0) 7733 124 226
 Sam Morris                                    Tel: +44 (0) 7796 827 008

 

About JTC

JTC is a publicly listed, global professional services business with deep
expertise in fund, corporate and private client services. Every JTC person is
an owner of the business, and this fundamental part of our culture aligns us
with the best interests of all of our stakeholders. Our purpose is to maximise
potential, and our success is built on service excellence, long-term
relationships and technology capabilities that drive efficiency and add value.

www.jtcgroup.com
(https://d.docs.live.net/d607aac6e4ea8c88/Documents/www.jtcgroup.com)

 

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