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Investegate |JTC PLC Announcements | JTC PLC: Proposed Placing of New Ordinary Shares


Proposed Placing of New Ordinary Shares
JTC, the global provider of fund, corporate and private client services, announces its intention to conduct a non pre-emptive placing of new ordinary shares (the Placing Shares ) of 1p each in the capital of the Company (the Placing ) to raise gross proceeds of up to c. £65m, representing approximately 9.0 per cent. of the current issued share capital of the Company. The total number of Placing Shares will not exceed 10.0 per cent. of the current issued share capital of the Company and the issue and allotment of the Placing Shares will be within the existing authorities of the JTC Board of Directors. ....

New York , United States , District Of Columbia , United Kingdom , South Africa , Northern Ireland , City Of , Republic Of South Africa , David Vieira , Stuart Skinner , Erika Schraner , Toby Flaux , Martin Fotheringham , William Baunton , Geoffrey Pelham , Emily Shea Simonds , Ben Wright , Miranda Lansdowne , Ciaran Walsh , Alec Murray Brown , German Federal Financial Supervisory Authority Bafin , Africa Reserve Bank , United Kingdom Financial Conduct Authority , London Branch Berenberg , Neither Bank , Company Secretary ,