Fintel PLC Issue of shares (2093B)
31 May 2023 - 11:07PM
UK Regulatory
TIDMFNTL
RNS Number : 2093B
Fintel PLC
31 May 2023
31 May 2023
Fintel plc
(the "Company" or "Fintel")
Issue of shares
Fintel plc (AIM: FNTL) announces that it has issued 94,117
ordinary shares of GBP0.01 each to satisfy certain share
entitlements of members who have elected to exercise their options
pursuant to the Company Share Option Plan (CSOP) and the Unapproved
Company Share Option Plan (NTA)
Application has been made for the 94,117 newly issued shares to
be admitted to trading on AIM, and admission is expected to take
place on 01 June 2023 ("Admission"). Following Admission, the
Company's issued share capital will consist of 103,835,333 ordinary
shares. There are no ordinary shares held in treasury. Therefore,
following Admission, this figure of 103,835,333 should be used by
shareholders as the denominator for the calculation by which they
determine if they are required to notify their interest in, or a
change to their interest in, the Company under the FCA's Disclosure
Guidance and Transparency Rules.
For further information, please contact:
Fintel plc via MHP Group
Matt Timmins (Joint Chief Executive
Officer)
Neil Stevens (Joint Chief Executive
Officer)
David Thompson (Chief Financial
Officer)
Zeus (Nominated Adviser and
Joint Broker)
Martin Green
Dan Bate +44 (0) 20 3829 5000
Investec Bank (Joint Broker)
Bruce Garrow
David Anderson
Harry Hargreaves +44 (0) 20 7597 5970
MHP Group (Financial PR) +44 (0) 20 3128 8147
Reg Hoare Fintel@mhpgroup.com
Robert Collett-Creedy
Notes to Editors
Fintel is the UK's leading fintech and support services
business, combining the largest provider of intermediary business
support, SimplyBiz, and the leading research, ratings and Fintech
business, Defaqto.
Fintel provides technology, compliance and regulatory support to
thousands of intermediary businesses, data and targeted
distribution services to hundreds of product providers and empowers
millions of consumers to make better informed financial decisions.
We serve our customers through three core divisions:
The Intermediary Services division provides technology,
compliance, and regulatory support to thousands of intermediary
businesses through a comprehensive membership model. Members
include directly authorised IFAs, Wealth Managers and Mortgage
Brokers.
The Distribution Channels division delivers market Insight and
analysis and targeted distribution strategies to financial
institutions and product providers. Clients include major Life and
Pension companies, Investment Houses, Banks, and Building
Societies.
The Fintech and Research division (Defaqto) provides market
leading software, financial information and product research to
product providers and intermediaries. Defaqto also provides product
ratings (Star Ratings) on thousands of financial products.
Financial products are expertly reviewed by the Defaqto research
team and are compared and rated based on their underlying features
and benefits. Defaqto ratings help consumers compare and buy
financial products with confidence.
For more information about Fintel, please visit the website:
www.wearefintel.com
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END
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