Results of Placing

RNS Number : 0067M
Curtis Banks Group PLC
15 January 2016
 

 THIS ANNOUNCEMENT, INCLUDING THE APPENDIX TO THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED HEREIN, IS NOT FOR RELEASE, PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR AUSTRALIA OR TO US PERSONS. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. THE SECURITIES DISCUSSED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "US SECURITIES ACT") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE US SECURITIES ACT. NO PUBLIC OFFERING OF THE SECURITIES DISCUSSED HEREIN IS BEING MADE IN THE UNITED STATES AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFERING OF SECURITIES FOR SALE IN THE UNITED STATES, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR AUSTRALIA.

 

 

15 January 2016

 

CURTIS BANKS GROUP PLC

 

 ("Curtis Banks", the "Company" or the "Group")

 

Results of Placing

 

 

Following the earlier announcement today that Curtis Banks has entered into a conditional agreement to acquire Suffolk Life Group Limited and its subsidiaries ("Suffolk Life") and is raising £27 million through a placing of 8,437,500 new ordinary shares in the Company (the "Placing"), the Company is pleased to announce the completion of the Bookbuild.

 

Application has been made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM. It is expected that admission to AIM will become effective and that dealings on AIM will commence in the Placing Shares on 20 January 2016.

 

All terms in this announcement have the meaning given to them in the announcement made by the Company at 07:00 a.m. on 15 January 2016 unless otherwise defined herein.

 

 

- Ends -

 

 

Enquiries:

 

Curtis Banks Group plc

via Walbrook PR

Rupert Curtis, Chief Executive Officer


Paul Tarran, Finance Director




Peel Hunt LLP (Sole Bookrunner and NOMAD)

Tel: 020 7418 8900

Corporate Finance


Guy Wiehahn






ECM Syndicate


Alastair Rae

Tel: 020 7418 8914

Sohail Akbar

Tel: 020 7418 8642



Walbrook PR

Tel: 020 7933 8780

Tom Cooper

tom.cooper@walbrookpr.com

Paul Vann




 

Notes for editors:

 

Curtis Banks plc

Curtis Banks (AIM: CBP) administers self-invested pension products, principally SIPPs. The Group commenced trading in 2009 and has successfully developed, through a combination of organic growth and acquisitions, into one of the largest UK providers of such products. The Group employs approximately 269 staff in its head office in Bristol and regional offices in Dundee and Market Harborough.

For more information - www.curtisbanks.co.uk


This information is provided by RNS
The company news service from the London Stock Exchange
 
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