Completion of Acquisition and Issue of Equity

JTC PLC

04 March 2024

 

4 March 2024

JTC PLC

(the "Company" and together with its subsidiaries "JTC" or the "Group")

Completion of Blackheath Acquisition and Issue of Equity

JTC announces today, further to its announcement on 24 November 2023, and following receipt of all applicable regulatory approvals, the completion of its acquisition of Blackheath Capital Management LLP ("Blackheath").

As part of the initial consideration for the acquisition of Blackheath, applications have been made to the Financial Conduct Authority ("FCA") and to the London Stock Exchange plc (the "London Stock Exchange") for 18,435 new ordinary shares of £0.01 each in the capital of the Company to be admitted to the premium listing segment of the Official List of the FCA and 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 Wednesday 6 March 2024.

Following Admission, the Company will have 166,005,629 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 166,005,629 (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:

Miranda Lansdowne

JTC (Jersey) Limited, Company Secretary

[phone]

[e-mail]

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

 

END