Sanne Group plc
("SANNE" or "the Company")
Sanne Group PLC
24 August 2018
Sanne Group plc
("SANNE" or "the Company ")
Issue of Equity
SANNE announces that applications have been made to the FCA and the London Stock Exchange, respectively, for 1,236,668 ordinary shares of 1 pence each in the share capital of the Company (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 28 August 2018.
The Shares relate to the balance of initial consideration for the acquisition of Luxembourg Investment Solutions S.A. and Compliance Partners S.A. which was announced on 29 September 2017 and in February 2018.
Following admission of the Shares, the Company will have 144,790,870 ordinary shares of £0.01 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 144,692,337 (the "Voting Rights Figure"), and 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
Dean Godwin, Chief Executive Officer
James Ireland, Chief Finance Officer
Investec Bank plc
Chris Baird / David Flin
Edward Thomas / Neil Coleman
+44 (0) 20 7597 5970
Tulchan Communications LLP
David Ison / Tom Murray
+44 (0) 20 7353 4200
SANNE provides global administration, reporting and fiduciary services to leading alternative asset managers, financial institutions, family offices and corporates.
SANNE employs more than 1,200 people worldwide and administers structures and funds that have in excess of £200 billion of assets.
SANNE has a presence in 15 established strategic locations spread across the Americas, EMEA and Asia-Pacific.
SANNE is listed on the Main Market of the London Stock Exchange.
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