REG - MJ Hudson Group PLC - Results of General Meeting and Issue of Equity

MJ HudsonAnnouncement

31/08/2022 15:30

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RNS Number : 8111X  MJ Hudson Group PLC  31 August 2022

 

31 August 2022

 

 

 

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

 

Results of General Meeting and Issue of Equity

 

The Company announces that all Resolutions put to Shareholders at today's
General Meeting in connection with the recently announced Fundraising to raise
gross proceeds of approximately £9.2 million by way of the Placing and Retail
Offer, were duly passed. Details of the voting results at the General Meeting
will shortly be published on the Company's website (link:
https://mjhudson.com/investors/ (https://mjhudson.com/investors/) ).

 

Application has been made for 30,742,463 New Ordinary Shares (representing
the 30,000,000 Placing Shares and the 742,463 Retail Offer Shares) to be
admitted to trading on AIM ("Admission"), which will take place at 8.00 a.m.
on 1 September 2022.

Following Admission, the Company will have 203,370,228 Ordinary Shares in
issue carrying voting rights admitted to trading on AIM. This figure,
203,370,228, 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.

 

Certain Directors and PDMRs have subscribed for an aggregate of 2,886,005
Placing Shares (approximately £0.87 million) in the following amounts. The
Company notes that Matthew Hudson has subscribed for a slightly higher number
of Placing shares than previously disclosed in its announcement on 11 August
2022.

 

 Shareholder     Number of existing Shares  % of Existing Issued Share Capital  Number of Placing Shares subscribed for at the Issue Price  Number of Shares held on Admission  % of Issued Share Capital on Admission
 Matthew Hudson  47,698,044*                27.63%                              2,821,005                                                   50,519,049                          24.84%
 Odi Lahav       802,259                    0.46%                               25,000                                                      827,259                             0.41%
 Andrew Walsh    65,295                     0.04%                               40,000                                                      105,295                             0.05%

 

*Includes 8,517,340 Ordinary Shares held by Katherine Hudson, wife of Matthew

Other than where defined, capitalised terms used in this announcement have the
meanings given to them in the Company's announcement of the Fundraising,
released at 4.41pm on 10 August 2022.

 

 

For further information, please contact:

 

 MJ Hudson Group plc                       +44 20 3463 3200

 Matthew Hudson, CEO

 Cenkos Securities plc (Nomad and Broker)  +44 20 7397 8900

 Giles Balleny

 Stephen Keys

 Callum Davidson

 

 Buchanan (PR Adviser)    +44 20 7466 5000

 Stephanie Whitmore

 Kim Looringh-van Beeck

 George Cleary

About MJ Hudson

 

MJ Hudson (AIM:MJH) is the end-to-end solutions provider to the US$100
trillion+ asset management industry, specialising in its fastest growing
segment, private markets (including private equity and venture capital).

The Company offers investors access to the growth in private markets as a
tech-enabled 'picks and shovels' play.

Founded in 2010, by CEO Matthew Hudson (a private markets lawyer and former
fund manager), MJ Hudson was admitted to the AIM market of the London Stock
Exchange in 2019. The Group has grown to more than 300 professionals, serving
more than 1,000 clients, across the globe, including some of the industry's
largest players and 18 of the FTSE 100.

Several factors have contributed to the Group's success, to date, and support
strong growth expectations, for the future:

1.  As private markets grow, so do scrutiny and regulation, increasing the
need for the Group's specialist advice and services, particularly in areas
like ESG, where it has award-winning solutions

2.  As it evolves, the sector is increasingly embracing technology, data, and
analytics, where MJ Hudson has award-winning tools and in which it continues
to invest

3.  The Group's multi-service approach creates multiple client touchpoints,
building stronger, longer-term relationships, and making it easier to sell in
additional MJ Hudson services

4.  Performing these services generates vast amounts of data, which MJ Hudson
aggregates and analyses, in order to further support its clients, by
developing new tools and fine-tuning existing services

For more information, please visit our website: www.mjhudson.com/investors
(http://www.mjhudson.com/investors)

LinkedIn: www.linkedin.com/company/mj-hudson/
(http://www.linkedin.com/company/mj-hudson/)
Twitter: www.twitter.com/MJHudsonCorp (http://www.twitter.com/MJHudsonCorp)

 

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