REG - Sancus Lending Group - Issue of New Bonds & Warrants, Total Voting Rights

Sancus LendingAnnouncement

01/12/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221201:nRSA1535Ia&default-theme=true

RNS Number : 1535I  Sancus Lending Group Limited  01 December 2022

1 December 2022

 

Sancus Lending Group Limited

(the "Group" or the "Company")

 

Issue of New Bonds and Warrants, Total Voting Rights

 

The Company confirms, further to the admission to trading on AIM on 30
November of the 94,294,869 New Shares issued to Somerston pursuant to the
Conditional Warrant Exercise, that it has issued New Bonds to Somerston in an
aggregate principal amount of £2,425,000. The Company's 7 per cent. unsecured
bond instrument was initially launched in December 2020 and following issue of
the New Bonds, the Company has in issue Bonds with an aggregate principal
amount of £15 million, of which £10.13 million is held by Somerston.

 

The New Bonds have been issued to Somerston with accompanying Warrants in
respect of, in aggregate, 29,696,761 Ordinary Shares, representing 5.08 per
cent. of the Company's issued Ordinary Share capital.

 

Further to the admission of the 94,294,869 New Shares, the Company's issued
Ordinary Share capital currently comprises 584,138,346 Ordinary Shares. The
Company is not holding any ordinary shares in treasury.  This figure of
584,138,346 may be used by shareholders as the denominator for the
calculations by which they determine if they are required to notify their
interest, or a change to their interest, in the issued share capital of the
Company.

 

Unless otherwise indicated, capitalised terms used in this announcement have
the same meaning as given to them in the Circular, published by the Company on
19 October 2022.

 

For further information, please contact:

 

Sancus Lending Group Limited

Rory Mepham

+44 (0)1481 708 280

 

Liberum Capital (Nominated Adviser and Corporate Broker)

Lauren Kettle

Chris Clarke

William King

+44 (0) 20 3100 2000

 

Instinctif Partners (PR Adviser)

Tim Linacre

Victoria Hayns

+44 (0)207 457 2020

 

Sanne Fund Services (Guernsey) Limited (Company Secretary)

Matt Falla

Joshua Shand

+44 (0)1481 755530

 

LEI: 213800S2XOO3YSEGCA26

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCBMBRTMTBJBIT