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23 July 2021
Bridgepoint Group plc
Exercise of Over-allotment Option
Further to its announcement on 21 July 2021 relating to its initial public offering (the "Offer"), Bridgepoint Group plc announces that J.P. Morgan Securities plc (which conducts its UK investment banking activity as J.P. Morgan Cazenove), as stabilising manager, has today given notice to exercise the over-allotment option (the "Over-allotment Option") granted by Burgundy A1 Nominees Limited, Burgundy A2 Nominees Limited, Burgundy A3 Nominees Limited, Burgundy A4 Nominees Limited, Burgundy A5 Nominees Limited and Dyal Capital Partners IV (C) LP in respect of 33,813,951 ordinary shares in Bridgepoint Group plc (the "Over-allotment Shares"), representing 15.0% of the initial size of the Offer. The Over-allotment Shares will be sold at the offer price of 350 pence per ordinary share.
The Company did not participate in the Over-allotment Option.
Giving effect to the exercise of the Over-allotment Option, the final total size of the Offer is £907 million (259,240,293 ordinary shares), in total representing 31.5 per cent. of the ordinary shares currently in issue.
Media Enquiries
Bridgepoint
Christian Jones / James Murray
Christian.jones@bridgepoint.eu
+44 (0)20 7034 3500
Finsbury Glover Hering (public relations adviser to Bridgepoint)
Roland Rudd / James Murgatroyd
Charles O'Brien / (0)20 7251 3801 / 07825 043 656
Anjali Unnikrishnan / 020 7251 3801 / 07826 534 233
Important Legal Information
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The contents of this announcement are not to be construed as legal, financial or tax advice.
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