REG - Mortgage Adv. Bureau - Block Admission Application

Mortgage Advice Bureau (Holdings)Announcement

14/03/2025 07:00

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RNS Number : 6556A  Mortgage Advice Bureau (Hldgs) PLC  14 March 2025

14 March 2025

 

 

Mortgage Advice Bureau (Holdings) plc

("MAB" or the "Company")

 

Block Admission Application

 

The Company announces that two block admission applications ("Blocklisting 1"
and "Blocklisting 2") have been made to the London Stock Exchange for the
admission of an aggregate of 505,000 ordinary shares of 0.1p each in the
Company ("Ordinary Shares") to trading on AIM.

 

Both Blocklisting 1 and Blocklisting 2 are expected to become effective at
8:00 am on 20 March 2025.

 

The Ordinary Shares admitted under Blocklisting 1 and Blocklisting 2 will
rank pari passu in all respects with the existing Ordinary Shares of the
Company.

 

At the time of this announcement, MAB has 57,956,789 Ordinary Shares in issue.
This figure may be used by shareholders in the Company as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change in their interest in, the share capital of the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Blocklisting 1

 

The first block admission application is for 187,000 Ordinary Shares ("First
Application") and is to be used to facilitate the exercise of options granted
under the Mortgage Advice Bureau Executive Option Plan which was approved by
the Company on 10 November 2014 (the "2014 Option Plan").

 

This first block admission will supplement the block admission dated 3 April
2019 of 1,068,888 Ordinary Shares for the 2014 Option Plan.

 

Blocklisting 2

 

The second block admission application is for 318,000 Ordinary Shares ("Second
Application") to be used to facilitate the exercise of options granted under
the Mortgage Advice Bureau Executive Share Option Plan approved by the Company
on 26 March 2024 (the "2024 Share Option Plan").

 

Enquiries:

 

 Mortgage Advice Bureau (Holdings) plc                         Via Camarco
 Peter Brodnicki, Chief Executive Officer

 Ben Thompson, Deputy Chief Executive Officer

 Emilie McCarthy, Chief Financial Officer
 Nominated Adviser and Joint Broker

 Keefe, Bruyette & Woods, a Stifel Company                       +44 (0)20 7710 7600

 Erik Anderson / Nick Harland / Francis North / Harry Billen
 Joint Broker

 Peel Hunt LLP                                                 +44 (0) 20 7418 8900

 Andrew Buchanan / Oliver Jackson
 Financial PR

 Camarco                                                       mab@camarco.co.uk (mailto:mab@camarco.co.uk)

 Tom Huddart / Louise Dolan / Letaba Rimell                    +44 (0) 203 757 4980
 Investor Relations                                            Investor.relations@mab.org.uk

 

About Mortgage Advice Bureau:

 

MAB is one of the UK's leading consumer intermediary brands and specialist
networks for mortgage advisers.

 

Through its partner firms known as Appointed Representatives ("ARs"), MAB has
approximately 2,000 advisers providing expert advice to customers on a range
of mortgage, specialist lending, protection, and general insurance products.
MAB supports its AR firms with proprietary technology and services, including
adviser recruitment and lead generation, learning and development, compliance
auditing and supervision, and digital marketing and website solutions.

 

For more information, visit www.mortgageadvicebureau.com
(https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Furldefense.proofpoint.com%2Fv2%2Furl%3Fu%3Dhttp-3A__www.mortgageadvicebureau.com_%26d%3DDwMF-g%26c%3DeuGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM%26r%3DNj006SAhpfJGzqX7TkdnFCOXt8K8HLR6t-m0tfk0sKk%26m%3DgFRfhF8o351YluA18Bjv7ycyKw7h2VVplazDY2IEW0sQ8C0AaYe1Qup_V9gmZQNd%26s%3DKfp85WcIcWHD48Cv6_MtN85WTzPhbcPhgoql1Us5h60%26e%3D&data=05%7C02%7CLetaba.Rimell%40camarco.co.uk%7C49fa9aa74f034fc9a49108dcfff2bf39%7C77a5f6209d7747dba0cd64c70948d532%7C1%7C0%7C638666665356187099%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=OvOcJHyFYzHfR6M9dFsyhwxgXQbIjrac6cGpXoERDmo%3D&reserved=0)

 

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