Fintel PLC Issue of shares (3332D)

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RNS Number : 3332D

Fintel PLC

19 October 2022

19 October 2022

Fintel plc

(the "Company" or "Fintel")

Issue of shares

Fintel plc (AIM: FNTL) announces that it has today issued 14,517 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).

Application has been made for the 14,517 newly issued shares to be admitted to trading on AIM, and admission is expected to take place on 24 October 2022 ("Admission"). Following Admission, the Company's issued share capital will consist of 103,490,599 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 103,490,599 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:

 
 Fintel plc via Instinctif Partners 
  Matt Timmins (Joint Chief Executive Officer) 
  Neil Stevens (Joint Chief Executive Officer) 
  David Thompson (Chief Financial Officer) 
 
  Zeus (Nominated Adviser and Joint Broker) [phone] 
  5000 
  Martin Green 
  Dan Bate 
 
  Investec Bank (Joint Broker) [phone] 
  Bruce Garrow 
  David Anderson 
  Harry Hargreaves 
 
  Instinctif Partners (Financial PR) [phone] 
  Guy Scarborough [e-mail] 
  Joe Quinlan 
 
  Notes to Editors 
 
  Fintel is the UK's leading fintech and support services business, 
  combining the largest provider of intermediary business support, 
  SimplyBiz, and the leading research, ratings, and Fintech 
  business, Defaqto. 
  Fintel provides technology, compliance and regulatory support 
  to thousands of intermediary businesses, data and targeted 
  distribution services to hundreds of product providers and 
  empowers millions of consumers to make better informed financial 
  decisions. We serve our customers through three core divisions: 
  The Intermediary Services division provides technology, compliance, 
  and regulatory support to thousands of intermediary businesses 
  through a comprehensive membership model. Members include 
  directly authorised IFAs, Wealth Managers and Mortgage Brokers. 
  The Distribution Channels division delivers market Insight 
  & analysis and targeted distribution strategies to financial 
  institutions and product providers. Clients include major 
  Life & Pension companies, Investment Houses, Banks and Building 
  Societies. 
  The Fintech and Research division (Defaqto) provides market 
  leading software, financial information and product research 
  to product providers and intermediaries. Defaqto also provides 
  product ratings (Star Ratings) on thousands of financial products. 
  Financial products are expertly reviewed by the Defaqto research 
  team and are compared and rated based on their underlying 
  features & benefits. Defaqto ratings help consumers compare 
  and buy financial products with confidence. 
  For more information about Fintel, please visit the website: 
  www.wearefintel.com 
 

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October 19, 2022 02:00 ET (06:00 GMT)