Admission to AIM and first day of dealings

RNS Number : 1935F

LendInvest PLC

14 July 2021

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

This announcement is not a prospectus (or prospectus equivalent) and not an offer of securities for sale nor a solicitation of an offer to acquire or a recommendation to sell or buy securities in any jurisdiction, including in or into the United States, Canada, Australia, New Zealand, the Republic of South Africa or Japan.

Neither this announcement, nor anything contained or referred to herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any ordinary shares in the Company referred to in this announcement except on the basis of information contained in the admission document ("Admission Document"), including the risk factors set out therein, published by the Company on 9 July 2021 in connection with the placing of new Ordinary Shares ("Placing") and admission of all of its ordinary shares (the "Ordinary Shares") to trading on AIM, a market operated by London Stock Exchange plc ("Admission"). Copies of the Admission Document are available for inspection on the Company's website at corporate.lendinvest.com, subject to certain exceptions.

14^th July 2021

LendInvest plc

("LendInvest" or the "Company")

ADMISSION TO AIM AND FIRST DAY OF DEALINGS

Further to the announcement on 9 July 2021 in connection with its initial public offering, LendInvest, the property finance asset manager, is pleased to announce the admission of its entire ordinary share capital to trading on AIM, a market operated by London Stock Exchange plc, under the ticker LINV. The Company's ISIN is GB00BMC2XX17 and its SEDOL is BMC2XX1.

The Company's Admission Document is available to view on the Company's website at corporate.lendinvest.com.

Berenberg is acting as Nominated Adviser and Broker to the Company and acted as Bookrunner in connection with the Placing. 

Rod Lockhart, Chief Executive of LendInvest, commented:

"Listing in London today is the next landmark in our growth journey.  I'd like to thank each and every member of the team at LendInvest who made this incredible achievement possible.

We are hugely excited about the future for LendInvest. The capital that we have raised through this IPO will enable us to accelerate our technology roadmap, expand into new areas of property finance, and attract new investors, brokers and borrowers to our platform.

We're delighted to welcome a great group of investors today, and we look forward to delivering for them on the next stage of our journey. 

We set out to make property finance simple, and today's IPO is an important milestone in our journey towards achieving that goal. "

Total voting rights

In accordance with DTR 5.6.1R, the Company confirms that the issued share capital of the Company now consists of 137,416,502 Ordinary Shares, all of which have voting rights. The Company holds no Ordinary Shares in treasury.

The above total voting rights figure may be used by the Company's shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

LendInvest Christian Faes, Executive Chair Rod Lockhart, Chief Executive Officer Michael Evans, Chief Financial Officer Leigh Rimmer, Senior PR Manager	via Tulchan Communications [phone]
Berenberg (Nominated Adviser, Bookrunner and Broker) Chris Bowman Alex Reynolds James White Arnav Kapoor Mara Grasso	[phone]
Tulchan Communications (Financial PR) Tom Murray Matt Low Misha Bayliss Olivia Lucas	[phone]

IMPORTANT NOTICES:

LendInvest plc is the ultimate holding company of LendInvest Secured Income plc, which has debt securities admitted to the Official List of the Financial Conduct Authority and are admitted to trading on the main market for listed securities of London Stock Exchange plc.

This announcement does not constitute or form part of any offer for sale or subscription or any solicitation of any offer to buy or subscribe for any securities and neither this announcement nor any part of it forms the basis of or may be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

The information contained in this announcement is for background purposes only and does not purport to be full or complete, nor does this announcement constitute or form part of any invitation or inducement to engage in investment activity. 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.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia), Australia, Canada, Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended or under the securities laws or with any securities regulatory authority of any state or other jurisdiction of the United States, and accordingly may not be offered, sold, pledged or transferred, directly or indirectly, in, into or within the United States. There is no intention to register any portion of any offering in the United States or to conduct a public offering of securities in the United States.

Forward-looking statements and other statements contained in this announcement regarding matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks and uncertainties facing the Group. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements.

Each of the Company and Joh. Berenberg, Gossler & Co. KG, London Branch, and their respective affiliates, expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statements contained in this announcement and disclaims any obligation to update its view of any risks or uncertainties described herein or to publicly announce the results of any revisions to the forward-looking statements made in this announcement, whether as a result of new information, future developments or otherwise, except as required by law.

Acquiring investments to which this announcement relates may expose an investor to a significant risk of losing all or part of the amount invested. Persons considering making such an investment should consult an authorised person specialising in advising on such investments.

This announcement does not constitute a recommendation concerning the Ordinary Shares. The value of Ordinary Shares and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. On any sale of an investment an investor may get back less than he or she originally invested. Potential investors should consult a professional adviser as to the suitability of the Ordinary Shares for the person concerned before making any investment decision. Past performance cannot be relied upon as a guide to future performance.

Neither Joh. Berenberg, Gossler & Co. KG, London Branch, nor any of its affiliates, directors, officers or employees, advisers, agents or any other person accepts any responsibility or liability whatsoever for the contents of, or makes any representations or warranties, express or implied, as to the accuracy, fairness or completeness of the information presented or contained in this announcement (or whether any information has been omitted from this announcement) or any other information relating to the Company, its subsidiaries and their associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith. Accordingly, Joh. Berenberg, Gossler & Co. KG, London Branch and its affiliates, directors, officers or employees, and any other person acting on their behalf expressly disclaims, to the fullest extent possible, any and all liability whatsoever for any loss howsoever arising from, or in reliance upon, the whole or any part of the contents of this announcement, whether in tort, contract or otherwise which they might otherwise have in respect of this announcement or its contents or otherwise arising in connection therewith.

Joh. Berenberg, Gossler & Co. KG, London Branch is acting exclusively for the Company and no-one else in connection with Admission. They will not regard any other person as their respective clients in relation to Admission and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, nor for providing advice in relation to Admission, the contents of this announcement or any transaction, arrangement or other matter referred to herein.

Joh. Berenberg, Gossler & Co. KG, London Branch is authorised and regulated by the German Federal Financial Supervisory Authority and is deemed authorised under the Temporary Permissions Regime and subject to limited regulation by the FCA in the United Kingdom.

For the avoidance of doubt, the contents of the Company's website are not incorporated by reference into, and do not form part of, this announcement.

 

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