RNS Number : 0182P

Sabien Technology Group PLC

14 October 2021


14 October 2021

Sabien Technology Group plc

("Sabien" or the "Company")

Issue of Equity

Sabien has today issued 95,908 ordinary shares of 3 pence each ("Ordinary Shares") at 34.5 pence per Ordinary Share in settlement of an existing liability of GBP33,088 (the "New Shares"). Application will be made for the New Shares to be admitted to trading on AIM and admission is expected to become effective on 20 October 2021 ("Admission").

Following Admission, the Company will have 14,670,168 Ordinary Shares in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in Treasury. Following Admission, the figure of 14,670,168 Ordinary Shares 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 to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Further Information:

 Sabien Technology Group plc 
  Richard Parris, Executive Chairman                 +44 20 7993 3700 
 Allenby Capital Limited (Nominated Adviser) 
  John Depasquale / Nick Harriss / Vivek Bhardwaj    +44 20 3328 5656 
 Peterhouse Capital Limited (Broker) 
  Duncan Vasey / Lucy Williams                       +44 20 7469 0930 

The person who arranged for the release of this announcement on behalf of the Company was Richard Parris, Executive Chairman.

A copy of this announcement will be available from the Company's website at www.sabien-tech.com

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.

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.



(END) Dow Jones Newswires

October 14, 2021 03:00 ET (07:00 GMT)

Sabien Technology (LSE:SNT)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Sabien Technology Charts.
Sabien Technology (LSE:SNT)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Sabien Technology Charts.