Corporate News
Admission to trading on AIM and First Day of Dealings
20 June 2018
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.
This announcement is not an admission document or a prospectus and does not constitute or form part of any offer to sell or issue or any solicitation of any offer to subscribe for or purchase any securities in any jurisdiction nor should it (or any part of it), or the fact of its distribution, form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment whatsoever relating to any securities. Investors should not purchase or subscribe for any securities referred to in this announcement except in compliance with applicable securities laws and regulation and on the basis of the information in the admission document (the "Admission Document") published on 15 June 2018 by Anexo Group plc (the "Company") in connection with the proposed admission of its ordinary shares to trading on AIM, a market operated by London Stock Exchange plc ("Admission"). Copies of the Admission Document is available to view on the Company's website www.anexo-group.com and at the registered office of the Company, subject to applicable securities laws or regulations.
Anexo Group plc, the specialist integrated credit hire and legal services provider, is pleased to announce that Admission of the Company's Ordinary Shares to trading on AIM will take place at 8.00am today, 20 June 2018. Dealings in the Ordinary shares will commence with the ticker "ANX" and ISIN GB00BF2G3L29.
The Company will, on Admission, based on a Placing Price of 100 pence per Placing Share, have a market capitalisation of £110.0 million, following a £25.0 million fundraising. £10.0 million was raised for the Company, and £15.0 million for the Selling Shareholders, of which not less than £5.0 million is to be repaid to the Company.
The Admission Document is available to view at www.anexo-group.com.
Arden Partners plc is acting as Nominated Adviser and Broker to the Company in relation to the Admission and the Placing.
The total number of Ordinary Shares with voting rights in the Company with effect from 20 June 2018 is 110,000,000. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information:
Anexo Group plc | |
Alan Sellers, Executive Chairman | Tel: +44 (0) 151 227 3008 |
Mark Bringloe, Chief Financial Officer | www.anexo-group.com |
Arden Partners plc (Nominated Adviser and Broker) |
|
Chris Hardie / John Llewellyn-Lloyd / Benjamin Cryer / Alex Penney | Tel: +44 (0) 20 7614 5900 |
www.arden-partners.co.uk | |
Media enquiries: | |
Buchanan | |
Henry Harrison-Topham / Steph Watson / Gemma Mostyn-Owen | Tel: +44 (0) 20 7466 5000 |
[email protected] | www.buchanan.uk.com |
Notes to Editors
Anexo is a specialist integrated credit hire and legal services provider founded in 2006 by Executive Chairman, Alan Sellars. The Group has created a unique business model by combining a direct capture Credit Hire business with a wholly owned Legal Services firm.
The integrated business targets the impecunious not at fault motorist, referring to those who do not have the financial means or access to a replacement vehicle. Through its dedicated sales team and network of 1,000 active referrers around the UK, Anexo provides customers with an end-to-end service including the provision of Credit Hire vehicles, the upfront settlement of repair and recovery charges, the management and recovery of costs, and the processing of any associated personal injury claim.
Anexo Group plc was admitted to trading on AIM on 20 June 2018 with the ticker ANX.
For additional information please visit: www.anexo-group.com.-
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