Issue of Shares, Rule 2.9 Announcement & TVR
Summary by AI BETAClose X
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.
FOR IMMEDIATE RELEASE
28 July 2026
INTERNATIONAL PERSONAL FINANCE PLC
(THE "COMPANY" or "IPF")
Issue of Shares, Rule 2.9 Announcement & TVR
Issue of shares to the EBT
The Company announces that it has today allotted and issued a total of 6,773,706 ordinary shares of 10 pence each in the capital of the Company to the Company's Employee Benefit Trust ("EBT") to satisfy the vesting of awards and, where applicable, the exercise of share options under the following share plans: (i) the IPF Restricted Share Plan; (ii) the IPF Deferred Share Plan; (iii) the IPF Performance Share Plan; and (iv) the IPF SAYE ("IPF Share Plans") (the "New Ordinary Shares").
Admission of the New Ordinary Shares to trading on the Main Market of the London Stock Exchange is expected to become effective on 29 July 2026.
Transfer of treasury shares
On 28 July 2026, the Company transferred the 2,001,776 ordinary shares held in treasury to the EBT. The transfer was made to satisfy the vesting of awards and, where applicable, the exercise of share options under the IPF Share Plans.
Following the transfer and the issue of the New Ordinary Shares, the EBT will hold 3.9% of the Company's issued share capital.
Rule 2.9 Announcement
In accordance with Rule 2.9 of the City Code on Takeovers and Mergers (the "Code"), the Company confirms that as at the date and time of this announcement its issued share capital consisted of 231,383,740 ordinary shares of 10 pence, each carrying one vote. The Company holds no shares in treasury. The total number of voting rights in the Company is therefore 231,383,740.
Total Voting Rights
The above figure of 231,383,740 may be used by shareholders as the denominator for the calculations by which they will 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.
The International Securities Identification Number for the Company's ordinary shares is GB00B1YKG049.
Legal Entity Identifier: 213800II1O44IRKUZB59.
Enquiries:
IPF Tel: +44 (0)113 539 5466
Gerard Ryan (CEO)
Gary Thompson (CFO)
Stephens (Financial Adviser to IPF) Tel: +44 (0) 20 3757 9900
Lawrence Guthrie
Blair Farinholt
Yashin Mody
Peel Hunt (Joint Corporate Broker to IPF) Tel: +44 (0) 20 7418 8900
Andrew Buchanan
Michael Nicholson
Thomas Philpott
Panmure Liberum (Joint Corporate Broker to IPF) Tel: +44 (0) 20 3100 2000
Stephen Jones
David Watkins
Atholl Tweedie
Important notices
Stephens Europe Limited ("Stephens"), which is authorised and regulated by the FCA in the UK, is acting exclusively for IPF and for no one else in connection with the subject matter of this Announcement and will not be responsible to anyone other than IPF for providing the protections afforded to its clients or for providing advice in relation to the subject matter of this Announcement. Neither Stephens nor any of its subsidiaries, affiliates or branches owes or accepts any duty, liability or responsibility whatsoever (whether direct, indirect, consequential, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Stephens in connection with this Announcement, any statement or other matter or arrangement referred to herein or otherwise.
Peel Hunt LLP ("Peel Hunt"), which, in the United Kingdom, is authorised and regulated by the FCA, is acting exclusively for IPF and no one else in connection with the Acquisition and neither Peel Hunt nor any of its affiliates will be responsible to anyone other than IPF (whether or not a recipient of this Announcement) for providing the protections afforded to clients of Peel Hunt nor for providing advice in relation to the Acquisition or any other matter or arrangement referred to in this Announcement..
Panmure Liberum Limited ("Panmure Liberum"), which is authorised and regulated by the FCA in the UK, is acting exclusively for IPF and no one else in connection with the matters described in this Announcement and will not be responsible to anyone other than IPF for providing the protections afforded to clients of Panmure Liberum nor for providing advice in connection with the matters referred to herein. Neither Panmure Liberum nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Panmure Liberum in connection with this Announcement, any statement contained herein or otherwise.
Disclosure requirements of the Takeover Code
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.
If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.
Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).
Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.
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