Sanne Group PLC Issue of Equity (2895P)

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RNS Number : 2895P

Sanne Group PLC

24 February 2021

24 February 2021

Sanne Group plc

(Sanne or the Company)

Issue of Equity

Sanne announces that applications have been made to the Financial Conduct Authority (the FCA) and the London Stock Exchange, respectively, for 1,288,502 Shares (the Shares) to be admitted to the premium listing segment of the Official List and to trading on the Main Market. It is expected that admission of the shares will become effective and dealings in the Shares will commence on or around 8.00am on 1 March 2021.

The issue of equity relates to the Company's acquisition of Private Equity Administrators Group which was first announced on 7 December 2020 and will complete on 1 March 2021.

Following admission of the Shares the Company will have 148,677,379 Ordinary Shares of GBP0.01 each in issue of which 98,533 are held in treasury. Therefore, following admission of the Shares the total number of voting rights in the Company will be 148,578,846 (the Voting Rights Figure). 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 and on behalf of Sanne Group plc

 
Enquiries 
Sanne Group plc 
 Ian Portal, Company Secretary     [phone] 
 

Notes

Sanne is a leading global provider of outsourced alternative asset and corporate business services. Established for over 30 years and listed as a FTSE 250 company on the Main Market of the London Stock Exchange, Sanne employs around 1,800 people worldwide and administers structures and funds that have in excess of GBP250 billion of assets.

Key clients include leading alternative asset managers, global financial institutions, family offices and international corporates.

Sanne operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.

sannegroup.com

LEI Code: 2138005UBLKEZRITH576

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February 24, 2021 10:00 ET (15:00 GMT)