Amicorp FS (UK) PLC First Day of Dealings (9855B)

TIDMAMIF

RNS Number : 9855B

Amicorp FS (UK) PLC

08 June 2023

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

8 June 2023

LEI: 21380028AUYWGMYXQA57

Amicorp FS (UK) Plc

('AMIF', the 'Group' or the 'Company')

Admission to Trading and First Day of Dealings

Amicorp FS (UK) Plc, the international specialist fund services group, is pleased to announce the commencement of dealings in its ordinary shares of US$0.001 each in the capital of the Company ('Ordinary Shares') at 8.00am today on the standard listing segment of the Main Market of the London Stock Exchange and admission to the standard listing segment of the Official List of the FCA ('Admission'). The Ordinary Shares will trade under the TIDM 'AMIF' (ISIN: GB00BNTWWT07).

As announced on 5 June 2023, the Company successfully raised gross proceeds of US$6.47 million through a placing of 6,468,000 new ordinary shares and a further placing of 9,702,000 existing ordinary shares, resulting in a market capitalisation of US$119,968,000.

The Company's issued share capital immediately following Admission will comprise 119,968,000 Ordinary Shares and this is the total number of Ordinary Shares with voting rights in the Company. This figure 119,968,000 should be used by shareholders 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 Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Kin Lai, Chief Executive Officer of AMIF, said: "We are delighted that AMIF is now listed and trading on the London Stock Exchange. The business has spent over 15 years establishing itself as the provider of a full suite of fund services across multiple jurisdictions and has built strong foundations for further growth. Our particular strength in emerging markets will help AMIF fulfil its growth ambitions, in conjunction with continued growth in the use of fund structures for investment purposes."

Availability of the Prospectus

The prospectus has been approved by the FCA, as competent authority under Regulation (EU) 2017/1129 as it forms part of retained direct EU legislation (as defined in the European Union (Withdrawal) Act 2018, as amended). The Prospectus is available for inspection at www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism .

Copies of the Prospectus may be inspected on the Company's website www.amicorp-funds.com/investors/ and at the offices of Locke Lord LLP, 201 Bishopsgate, London EC2M 3AB during normal business hours on any weekday (Saturdays, Sundays and public holidays excepted) from the date of this Document until a date one month following Admission.

- Ends -

For further information please contact:

 
 Amicorp FS (UK) Plc                 Via Buchanan Communications 
 Toine Knipping, Non-Executive 
  Chairman 
  Kin Lai, Chief Executive Officer 
  Stephen Wong, Chief Financial 
  Officer 
 
 
 Bowsprit Partners Limited   Tel: [phone] 
 John Treacy                  www.bowspritpartners.com 
  Luis Brime 
 

Media Enquiries:

 
 Buchanan Communications   Tel: [phone] 
 Simon Compton             [e-mail] 
  Hannah Ratcliff 
 

Notes to Editors

AMIF is an international specialist fund services group that works with a broad mix of clients including institutional investors, fund managers (private equity, venture capital and hedge funds) as well as family offices to provide a suite of specialist services across global markets. AMIF operates at significant scale, providing local and global expertise to over 440 active funds.

AMIF provides a comprehensive and tailored range of services which are all underpinned by market-recognised technology solutions that support clients across the value chain, from a single point of contact.

These include:

-- Fund administration & Investor Services: Fund accounting, fund administration, in-house NAV calculation, investor services including Register & Transfer Agency services, booking of subscriptions & redemptions, audit liaison/support, real time oversight over investment performance.

-- Regulatory & Compliance Services: FATCA and CRS reporting services, Fiduciary, Anti-Money Laundering (AML) officer services in compliance with international rules and regulations including administrative support to the Board and Committees of the Board.

-- BPO Services: Simplifying accounting and administration services through automated accounting processes and providing management insight into business operations through regular and consistent management reporting.

For further information please visit www.amicorp-funds.com/investors/

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June 08, 2023 02:00 ET (06:00 GMT)