FTSE UK Index Inclusion

RNS Number : 5982R

PensionBee Group plc

02 March 2023

 

PensionBee Group plc

Incorporated in England and Wales

Registration Number: 13172844

LEI: 2138008663P5FHPGZV74

ISIN: GB00BNDRLN84

2 March 2023

PensionBee Group plc

FTSE UK Index Inclusion

PensionBee Group plc ('PensionBee' or the 'Company') is pleased to note that, following FTSE Russell's latest Quarterly Review, the Company will be included in the FTSE UK Index series as a constituent of the FTSE All-Share and FTSE SmallCap indices, with effect from 20 March 2023.

Inclusion in the FTSE UK Index series is expected to further broaden PensionBee's shareholder base.

Romi Savova, Chief Executive Officer of PensionBee, said:

"We are delighted to have joined the FTSE UK Index Series, an aspiration for many UK listed companies and one of the key benefits associated with being listed on the Premium Segment of the London Stock Exchange. This marks another step in our growth trajectory as a public company and we look forward to welcoming new investors to PensionBee."

Enquiries

Keefe, Bruyette & Woods, a Stifel Company (Joint Corporate Broker)

Nick Adams

Dennis Towers

[phone]

BofA Securities (Joint Corporate Broker)

Peter Luck

Marcus Jackson

Asia Underwood

[phone]

Tulchan Communications (Public Relations Adviser)

James Macey White

Laura Marshall

[phone]

[e-mail]

PensionBee                                                          

Rachael Oku

Laura Dunn-Sims

[e-mail]

About PensionBee

PensionBee is a leading online pension provider, making pension management easy for its customers while they save for a happy retirement.

PensionBee helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values and make withdrawals from the age of 55 (increasing to 57 in 2028). PensionBee offers a range of investment plans, including fossil fuel free options, from some of the world's largest asset managers.

Operating in the £1 trillion market of Defined Contribution pension assets, PensionBee has grown rapidly through its direct-to-consumer marketing activities, creating a household brand name for the mass market.

The Company has over £3.0bn in Assets Under Administration and 183,000 Invested Customers as at 31 December 2022. PensionBee has consistently maintained a Customer Retention Rate in excess of 95% and an Excellent Trustpilot rating, reflecting its commitment to outstanding customer service.

Important Legal Information

Stifel Nicolaus Europe Limited (trading as Keefe, Bruyette & Woods), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting as corporate broker for the Company in connection with this announcement and for no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement.

Merrill Lynch International ('BofA Securities'), which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting as corporate broker for the Company in connection with this announcement and for no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement.

 

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