Membership Share Options

RNS Number : 9227M
SimplyBiz Group PLC (The)
11 January 2019
 

11 January 2019

 

The SimplyBiz Group plc

(the "Company" or "SimplyBiz")

 

Membership Share Options

 

The SimplyBiz Group plc, the leading independent provider of compliance and business services to financial advisers and financial institutions in the UK, is pleased to announce that, further to the proposals set out in the Company's Admission Document, it has completed the issue of options over ordinary shares of 1 pence each ("Ordinary Shares") to Members (as defined in the Admission Document) as detailed below.

Options over a total of 3,390,604 Ordinary Shares, representing 4.45% of the current issued share capital, have now been issued with an exercise price of 170 pence per share, being the flotation price of the Ordinary Shares on 4 April 2018. The options vest in three equal parts in June 2020, 2021 and 2022.

 

 

For further information please contact:

The SimplyBiz Group plc

via Instinctif Partners

Matt Timmins (Joint Chief Executive Officer)

Neil Stevens (Joint Chief Executive Officer)

 

 

 

 

Zeus Capital (Nominated Adviser and Sole Broker)

+44 (0) 20 3829 5000

Martin Green

Andrew Jones

Pippa Underwood

 

 

 

 

 

Instinctif Partners

+44 (0) 20 7866 7938 / SimplyBiz@instinctif.com

Giles Stewart

Rachel Cashmore

Katie Bairsto

 

 

 


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