Issue of Equity

RNS Number : 6571K

MJ Hudson Group PLC

05 January 2021

 

MJ Hudson Group plc

(the "Company" or "MJ Hudson")

Issue of Equity

MJ Hudson Group plc (AIM:MJH), the international asset management consultancy, announces that, pursuant to the agreement dated 10 July, 2019 as described in the Company´s admission document (dated 11 December 2019), the Company has issued 488,347 new ordinary shares of nil par value ("New Ordinary Shares") as part of an earn out payment to a vendor in relation to the acquisition of MJ Hudson Spring, the Group's ESG & Responsible Investing business unit.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and it is expected that admission will occur on 8 January 2021 ("Admission").

Following Admission, the Company´s issued ordinary share capital will comprise 172,537,765 ordinary shares, each with voting rights. This figure may be used by shareholders as the denominator for calculations which determine whether they hold a notifiable interest in the Company, or a change thereto, under the FCA´s Disclosure Guidance and Transparency Rules.

For further information contact:

MJ Hudson Group plc Matthew Hudson, CEO Andrew Walsh, IRO Katherine Hazelden, PR Director	[phone]
Cenkos Securities (Nomad and Joint Broker) Giles Balleny Stephen Keys Callum Davidson	[phone]
Investec Bank (Joint Broker) Christopher Baird David Flin	[phone]

About MJ Hudson

MJ Hudson, the asset management consultancy, provides legal and financial services, investment consultancy, outsourcing, analytics and complementary advice and support to fund managers, investors and their counterparties, together forming an end-to-end platform of services to asset management.

From its offices in Europe's major asset management centres and across North America, MJ Hudson's team of 180 professionals works in all alternative and traditional asset classes, including private equity, venture capital, hedge funds, real estate, infrastructure, energy, private credit and the equity and debt capital markets.

The firm was admitted to the AIM market of the London Stock Exchange on 12 December 2019 and trades under the MJH.L symbol.

 

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