25 July
2024
Fintel plc
(the "Company" or
"Fintel")
Issue of
shares
Fintel plc (AIM: FNTL) announces
that it has issued 14,766 ordinary shares of £0.01 each
to satisfy certain share entitlements of members who have elected
to exercise their options pursuant to the Company's Save as You
Earn 2021 scheme (SAYE).
Application has been made for the
14,766 newly issued shares to be admitted to trading on AIM, and
admission is expected to take place on 30 July 2024 ("Admission").
Following Admission, the Company's issued share capital will
consist of 104,183,980 ordinary shares. There are no ordinary
shares held in treasury. Therefore, following Admission, this
figure of 104,183,980 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
Matt Timmins (Joint Chief Executive
Officer)
Neil Stevens (Joint Chief Executive
Officer)
David Thompson (Chief Financial
Officer)
|
via MHP Group
|
|
Zeus (Nominated Adviser and Joint Broker)
Martin Green
Dan Bate
|
+44 (0) 20 3829 5000
|
|
Investec Bank (Joint Broker)
David Anderson
|
+44 (0) 20 7597 5970
|
|
MHP Group (Financial PR)
Reg Hoare
Robert Collett-Creedy
|
+44 (0) 20 3128 8147
Fintel@mhpgroup.com
|
|
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
