Trading Update

RNS Number : 0261Q

MJ Hudson Group PLC

25 October 2021

 

25 October 2021

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

Regulatory approval now received in respect of the announced acquisition of

Saffery Champness Fund Services Limited

MJ Hudson Group plc (AIM:MJH), the specialist service provider to the asset management industry, confirms it has received full regulatory approval from the Guernsey Financial Services Commission in connection with its acquisition of Saffery Champness Fund Services Limited (´SCFL´). SCFL is a Guernsey based, fund administration business and its acquisition adds scale and expertise to the Group´s existing operations.

The receipt of this approval was a key outstanding condition of the transaction, announced on 23 July of 2021. Formal completion is expected to occur on or around the end of October.

For further information, please contact:

MJ Hudson Group plc Matthew Hudson, CEO Mark Pattimore, MD International Administration Andrew Walsh, IRO Katherine Hazelden, PR Director	[phone]
Cenkos Securities plc (Nomad and Broker) Giles Balleny Stephen Keys Callum Davidson	[phone]

Buchanan (PR Adviser) Stephanie Whitmore Kim Looringh-van Beeck Hannah Ratcliff

[phone]

About MJ Hudson

MJ Hudson is a one-stop-shop specialist service provider to the US$100 trillion plus asset management industry, with a focus on its fastest growing segment, alternative investments (which includes private equity, venture capital, real estate and hedge funds).

As outlined at IPO in December 2019, our growth strategy is to develop and acquire new products and services that are needed by our core customer base of asset managers and institutional investors and to extend this customer base in the key markets of North America and Europe. Our strategy benefits from the underlying expansion of the alternative investment subsector and the continuing and growing need for outsourcing and specialist advice as regulation and competition makes operating more challenging for our clients. 

Founded in 2010 by CEO Matthew Hudson (a lawyer and former alternative assets fund manager), we have grown quickly to now support more than 1,000 clients, including 18 of the FTSE 100. Our business is transatlantic, with clients clustered around the major asset management centres of Europe and North America. Our team of 240 works out of 11 offices in those same centres.

For more information, please visit our website: investors.mjhudson.com/  

Linkedin: www.linkedin.com/company/mj-hudson /  

Twitter: www.twitter.com/MJHudsonCorp  

 

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