Issue of Equity
Summary by AI BETAClose X
Bridgepoint Group plc
("Bridgepoint" or the "Company")
Issue of Equity
Bridgepoint announces that it intends to issue 10,132,073 ordinary shares of £0.00005 each ("New Ordinary Shares") to satisfy vesting awards granted in connection with the transaction through which the Company added Energy Capital Partners Holdings, LP and affiliated entities to the platform (the "ECP Transaction"). The vesting awards form part of the Initial Awards that were granted at Closing to Eligible Employees, as described in the circular in respect of the ECP Transaction dated 2 October 2023 (the "Circular"). The New Ordinary Shares will rank pari passu with existing ordinary shares in issue.
An application has been made for the admission of the New Ordinary Shares to trading on the London Stock Exchange's main market for listed securities.
Admission is expected to occur on 17 August 2026.
In conformity with the Financial Conduct Authority's Disclosure and Transparency Rules, Bridgepoint announces that its total issued share capital following the issue of the New Ordinary Shares will comprise:
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891,860,660 ordinary shares of £0.00005 each with voting rights; and |
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500 deferred shares of £81 each, 1 deferred share of £1, and 1 deferred share of £0.01, each with no voting rights. |
Bridgepoint holds no shares in treasury. Following the issue of the New Ordinary Shares the total number of voting rights in the Company will therefore be 891,860,660, and this figure may be used by shareholders at such time as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Bridgepoint under the Disclosure Guidance and Transparency Rules.
Although not part of total issued share capital, for completeness Bridgepoint notes that there are also 102,239,292 operating partnership units in Bridgepoint OP LP that are exchangeable for 102,239,292 Bridgepoint ordinary shares of £0.00005 each.
Capitalised terms not otherwise defined in this announcement have the meanings given to them in the Circular.
ENQUIRIES
Bridgepoint
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Analysts and investors Adam Key Adam.Key@bridgepointgroup.com
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Media Christian Jones Christian.Jones@bridgepointgroup.com +44 20 7034 3500 |
FGS Global (Public Relations Adviser to Bridgepoint)
James Murgatroyd / +44 20 7251 3801 / +44 7768 254 911
Anjali Unnikrishnan / +44 20 7251 3801 / +44 7826 534 233
Issued by Bridgepoint Group plc
LEI: 213800KFNMVI8PDZX472
Registered in England and Wales no. 11443992
Registered office: 5 Marble Arch, London, W1H 7EJ
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