Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Block Admission Application

14th Mar 2025 07:00

RNS Number : 6556A
Mortgage Advice Bureau (Hldgs) PLC
14 March 2025
 

14 March 2025

 

 

Mortgage Advice Bureau (Holdings) plc

("MAB" or the "Company")

 

Block Admission Application

 

The Company announces that two block admission applications ("Blocklisting 1" and "Blocklisting 2") have been made to the London Stock Exchange for the admission of an aggregate of 505,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") to trading on AIM.

 

Both Blocklisting 1 and Blocklisting 2 are expected to become effective at 8:00 am on 20 March 2025.

 

The Ordinary Shares admitted under Blocklisting 1 and Blocklisting 2 will rank pari passu in all respects with the existing Ordinary Shares of the Company. 

 

At the time of this announcement, MAB has 57,956,789 Ordinary Shares in issue. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Blocklisting 1

 

The first block admission application is for 187,000 Ordinary Shares ("First Application") and is to be used to facilitate the exercise of options granted under the Mortgage Advice Bureau Executive Option Plan which was approved by the Company on 10 November 2014 (the "2014 Option Plan").

 

This first block admission will supplement the block admission dated 3 April 2019 of 1,068,888 Ordinary Shares for the 2014 Option Plan.

 

Blocklisting 2

 

The second block admission application is for 318,000 Ordinary Shares ("Second Application") to be used to facilitate the exercise of options granted under the Mortgage Advice Bureau Executive Share Option Plan approved by the Company on 26 March 2024 (the "2024 Share Option Plan").

 

Enquiries:

 

Mortgage Advice Bureau (Holdings) plc

Via Camarco

Peter Brodnicki, Chief Executive Officer

Ben Thompson, Deputy Chief Executive Officer

Emilie McCarthy, Chief Financial Officer

Nominated Adviser and Joint Broker

Keefe, Bruyette & Woods, a Stifel Company

Erik Anderson / Nick Harland / Francis North / Harry Billen

 

+44 (0)20 7710 7600

Joint Broker

Peel Hunt LLP

Andrew Buchanan / Oliver Jackson 

 

+44 (0) 20 7418 8900

Financial PR

Camarco

Tom Huddart / Louise Dolan / Letaba Rimell

 

[email protected]

+44 (0) 203 757 4980

Investor Relations

[email protected]

 

About Mortgage Advice Bureau:

 

MAB is one of the UK's leading consumer intermediary brands and specialist networks for mortgage advisers. 

 

Through its partner firms known as Appointed Representatives ("ARs"), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.

 

For more information, visit www.mortgageadvicebureau.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ALSGPUQGWUPAPWW

Related Shares:

Mortgage Advice Bureau
FTSE 100 Latest
Value8,658.85
Change-7.27