27th Jan 2016 08:07
Market Tech Holdings Limited
("Market Tech" or the "Company")
First Day of Dealings on the Main Market of the London Stock Exchange
Further to previous announcements, Market Tech, the holding company that combines approximately 15 acres of iconic London real estate assets, including the main Camden Markets, with digital capabilities to deliver a living, working, retail and leisure space, is pleased to announce that the Company's shares have today been admitted to the standard segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market ("Main Market") for listed securities (together, "Admission"). Dealings in the Company's shares commenced on the Main Market at 8.00 a.m. GMT on 27 January 2016 and trading in the Company's shares on the AIM market of London Stock Exchange plc ("AIM") was cancelled simultaneously therewith.
The Company is not raising any funds or issuing any new ordinary shares in connection with Admission. No shares have been offered or marketed to the public in the UK or elsewhere in connection with Admission. The Company's TIDM code on the London Stock Exchange will remain 'MKT', with an ISIN of GG00BSSWD593 and, on Admission, there will be 468,468,196 ordinary shares in issue.
The prospectus prepared by the Company in connection with Admission is available for inspection on the Company's website at www.market-tech.com and is available on the National Storage Mechanism at www.morningstar.co.uk/uk/NSM. It will also be available at the Company's registered office: Third Floor, La Plaiderie Chambers, La Plaiderie, St. Peter Port, Guernsey, GY1 1WG
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For further information:
Market Tech Charles Butler, Chief Executive Officer c/o Bell Pottinger
| +44 (0) 20 3772 2500 |
Shore Capital - Nomad and Joint Broker Dru Danford Toby Gibbs
| +44 (0) 20 7408 4090 |
Canaccord Genuity Limited - Joint Broker Bruce Garrow Chris Connors Mark Whitmore
| +44 (0) 20 7523 8000 |
Bell Pottinger David Rydell Olly Scott James Newman David Bass | +44 (0) 20 3772 2500 |
Shore Capital and Corporate Limited and Canaccord Genuity Limited have been appointed as Joint Financial Advisers in relation to Admission and will continue to act as joint brokers to the Company following Admission.
Each of Shore Capital and Corporate Limited and Canaccord Genuity Limited are acting exclusively for the Company and no one else in connection with Admission and will not regard any other person as a client in relation to Admission and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for advising any other person on the contents of the Prospectus or on any other transaction or arrangement referred to in this announcement.
About Market Tech
Market Tech combines the iconic Camden Market real estate assets with digital technology to deliver a living, working, retail and leisure environment. The Company owns approximately 15 acres of real estate assets in Camden, including the Stables Market; Union Street Market, (also known as Buck Street Market); Camden Lock Market; and Hawley Wharf, (formerly known as Camden Lock Village). It also owns separate real estate assets on Camden High Street; Kentish Town Road; properties on Jamestown Road, (including the Camden Wharf Building); The Interchange Building on Oval Road, Utopia Village in Primrose Hill, 1-11 Hawley Crescent and 49 Chalk Farm Road.
The Company owns three e-commerce businesses, referred to as Market Tech Digital. These are Stucco Media, an e-commerce marketing platform, Glispa, a Berlin-based mobile marketing business and Fiver, a B2C online fashion retailer.
www.market-tech.com
Related Shares:
MKT.L