JTC PLC Completion of FFP Acquisition and Issue of Equity
November 18 2024 - 1:00AM
RNS Regulatory News
RNS Number : 5179M
JTC PLC
18 November 2024
18
November 2024
For immediate release
JTC
PLC
(the
"Company" and together with its
subsidiaries "JTC" or
the "Group")
Completion of FFP Acquisition and Issue of Equity
JTC announces today, further to its
announcement on 18 June 2024, and following receipt of all
applicable change of control and regulatory approvals and an
extension to the target completion deadline to allow satisfaction
of all closing conditions, the completion of its acquisition of FFP
(Holdings) Limited ("FFP").
As part of the initial consideration
for the acquisition of FFP, applications have been made to the
Financial Conduct Authority ("FCA") and to the London Stock
Exchange plc (the "London Stock Exchange") for 1,087,341 new
ordinary shares of £0.01 each in the capital of the Company to be
admitted to trading on the main market of the London Stock Exchange
("Admission"). It is expected that Admission will become effective
and dealings will commence at 8.00am on Thursday 21 November
2024.
Following Admission, the Company
will have 168,753,026 ordinary shares of £0.01 each in issue. There
are no shares held in treasury. Therefore, following Admission the
total number of voting rights in the Company will be 168,753,026
(the "Voting Rights Figure"), and this Voting Rights Figure may be
used by the Company's 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:
|
JTC
plc
|
Tel: +44 (0)1534 700
700
|
|
Nigel Le Quesne, Chief Executive
Officer
|
|
|
Martin Fotheringham, Chief Financial
Officer
|
|
|
David Vieira, Chief Communications
Officer
|
Tel: +44 (0) 7797 735 444
|
|
Camarco (Financial PR)
|
|
|
Geoffry Pelham-Lane
|
Tel: +44 (0) 7733 124
226
|
|
Sam Morris
|
Tel: +44 (0) 7796 827
008
|
About JTC
JTC is a publicly listed, global
professional services business with deep expertise in fund,
corporate and private client services. Every JTC person is an owner
of the business, and this fundamental part of our culture aligns us
with the best interests of all of our stakeholders. Our purpose is
to maximise potential, and our success is built on service
excellence, long-term relationships and technology capabilities
that drive efficiency and add value.
www.jtcgroup.com
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END
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