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

JTCAnnouncement

03/08/2023 07:00

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RNS Number : 1131I  JTC PLC  03 August 2023

3 August 2023

 

 

JTC PLC

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

 

Completion of SDTC Acquisition and Issue of Equity

 

JTC announces today, further to its announcement on 14 June 2023,
and following receipt of all applicable change of control and regulatory
approvals, the completion of its acquisition of TC3 Group Holdings LLC,
trading as South Dakota Trust Company ("SDTC").

As part of the initial consideration for the acquisition of SDTC, applications
have been made to the Financial Conduct Authority ("FCA") and to the London
Stock Exchange plc (the "London Stock Exchange") for 5,978,400 new ordinary
shares of £0.01 each in the capital of the Company to be admitted to the
premium listing segment of the Official List of the FCA and 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
Tuesday 8 August 2023.

Following Admission, the Company will have 165,521,678 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
165,521,678 (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.

 

Enquiries:

 

JTC
PLC

 

Miranda Lansdowne

 

JTC (Jersey) Limited, Company Secretary

 

+44(0)1534 816 290

 

Miranda.Lansdowne@jtcgroup.com

 

 

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 (http://www.jtcgroup.com/)

 

 

 

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