JTC PLC Issue of Equity (2394O)
October 01 2019 - 5:30AM
UK Regulatory
TIDMJTC
RNS Number : 2394O
JTC PLC
01 October 2019
1 October 2019
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the
"Group")
Issue of Shares and Total Voting Rights
JTC today announces that it has allotted and issued 1,128,210
new Ordinary Shares of GBP0.01 each in the capital of the Company
(the "New Shares"). The New Shares have been allotted and issued to
the JTC PLC Employee Benefit Trust ("EBT") at the par value of
GBP0.01 each, in order to satisfy future exercises of awards
granted to beneficiaries under the rules of the EBT.
The EBT now holds a total of 2,227,988 ordinary shares of
GBP0.01 each in the capital of the Company, representing 1.95 per
cent. of the issued share capital.
In relation to the above, applications have been made to the
Financial Conduct Authority for admission of the New Shares to the
premium listing segment of the Official List of the Financial
Conduct Authority and to London Stock Exchange plc for admission to
trading of the New Shares on its main market for listed securities
(together, "Admission"). The Admission is expected to take place at
8.00 a.m. on Wednesday 2 October 2019.
Following admission of the New Shares the Company will have
113,949,187 Ordinary Shares of GBP0.01 each in issue. There are no
shares held in treasury. Therefore, following admission of the New
Shares the total number of voting rights in the Company will be
113,949,187 (the "Voting Rights Figure"), and this Voting Rights
Figure may be used by 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.
For further information please contact:
Miranda Lansdowne
JTC (Jersey) Limited
Joint Company Secretary
+44 1534 700 000
Miranda.Lansdowne@jtcgroup.com
About JTC
JTC is an award-winning provider of fund, corporate and private
wealth services to institutional and private clients. The Company
has a global presence, with over 700 staff operating in more than
18 different jurisdictions and assets under administration
totalling c. US$ 110+ billion.
JTC remains fully committed to its shared ownership culture and
philosophy, with management and staff continuing to hold over 20%
of the equity in the firm, clearly aligning the interests of
clients, employees and other stakeholders.
www.jtcgroup.com
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Authority to act as a Primary Information Provider in the United
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contact rns@lseg.com or visit www.rns.com.
END
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