SimplyBiz Group PLC (The) Issue of Shares (0081T)
July 15 2020 - 1:00AM
UK Regulatory
TIDMSBIZ
RNS Number : 0081T
SimplyBiz Group PLC (The)
15 July 2020
The SimplyBiz Group plc
(the "Company" or "SimplyBiz")
Issue of Shares
SimplyBiz (AIM: SBIZ), a leading fintech and support services
group, announces that it has today issued 21,728 ordinary shares of
GBP0.01 each to satisfy certain share entitlements of members who
have elected to exercise their options pursuant to the Members
Share Option Plan (MSOP) and a former employee's entitlement
pursuant to the Company's Save As You Earn scheme (SAYE).
Application has been made for the 21,728 newly issued shares to
be admitted to trading on AIM, and admission is expected to take
place on 20 July 2020 ("Admission"). Following Admission, the
Company's issued share capital will consist of 96,804,024 ordinary
shares. There are no ordinary shares held in treasury. Therefore,
following Admission, this figure of 96,804,024 should be used by
shareholders as the denominator for the calculation by which they
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.
For further information please contact:
SimplyBiz via Instinctif Partners
Matt Timmins (Joint Chief Executive
Officer)
Neil Stevens (Joint Chief Executive
Officer)
Gareth Hague (Group Finance Director)
Zeus Capital (Nominated Adviser
and Joint Broker) +44 (0) 20 3829 5000
Martin Green
Dan Bate
Peel Hunt (Joint Broker) +44 (0) 20 7418 8900
Guy Wiehahn
Andrew Buchanan
Rishi Shah
Instinctif Partners +44 (0)20 7457 2020 /
SimplyBiz@instinctif.com
Catherine Wickman
Lewis Hill
Notes to editors
The SimplyBiz Group provides essential support services,
software and data that enable professional financial advisers,
financial intermediaries and product providers to deliver better
outcomes for their customers.
The SimplyBiz Group supports 3,700 intermediary firms with
regulatory and business support in addition to 1,900 customer firms
of its fintech platform while providing essential distribution
support to over 400 financial institutions.
The Group's understanding of the changing regulatory landscape
and deep insights into the needs of customers, advisers and product
providers enables it to add unique value to the retail financial
services sector.
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 or visit www.rns.com.
END
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