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LEI: 21380028AUYWGMYXQA57
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8 February
2024
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Amicorp FS (UK)
Plc
('AMIF',
the 'Company' or the 'Group')
Share
Reorganisation
Amicorp FS (UK) Plc, the
international specialist fund services group, announces that
Company has been notified of a share reorganisation carried out by
its major shareholder, Amicorp Limited.
Amicorp Limited has transferred 85%
of its shareholding in the Company to its parent, Amicorp
Investments Limited ('AIL'), by way of an in-specie dividend
(the 'Share
Reorganisation').
As a result of the Share
Reorganisation, the Company has been notified that the respective
interests (within the meaning of the Companies Act) of Amicorp
Limited and AIL will be as follows (in each case representing, or
which will represent, directly or indirectly, 3% or more of the
issued share capital of the Company ('Issued Share Capital')):
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Name
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Number of Ordinary Shares
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Percentage of Issued Share Capital (%)
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AIL
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87,378,301
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72.83
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Amicorp Limited
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15,419,700
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12.85
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Recognising the change of
shareholdings resulting from the Share Reorganisation, AIL has
undertaken to the Company and Bowsprit Partners Limited
('Bowsprit Partners')
pursuant to a deed of adherence entered into by those parties on 8
February 2024 that it will adhere to the terms of the lock-in
agreement entered into between the Company, Bowsprit Partners and
Amicorp Limited on 2 June 2023 ('IPO Lock-In'). Amicorp Limited
remains bound by the terms of the IPO Lock-In in respect of its
remaining shareholding.
Furthermore, as a result of Amicorp
Limited no longer holding 20% or more of the voting capital of the
Company, its obligations under the relationship agreement entered
into with the Company on 2 June 2023 automatically terminated upon
completion of the Share Reorganisation. These obligations
were simultaneously novated to AIL pursuant to a deed of novation
entered into by AIL and the Company on 8 February 2024.
The Share Reorganisation does not
change the total voting rights in the Company, which remains at
119,698,000.
- Ends -
For
further information please contact:
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Amicorp FS (UK) Plc
Toine Knipping, Non-Executive
Chairman
Chi Kin Lai, Chief Executive
Officer
Tat Cheung (Stephen) Wong, Chief
Financial Officer
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Via Buchanan
Communications
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Zeus (Broker)
Martin Green / Louisa Waddell
(Investment Banking)
Benjamin Robertson (Corporate
Broking)
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Tel: +44
(0) 20 3829 5000
www.zeuscapital.co.uk
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Bowsprit Partners Limited (Financial Adviser)
John Treacy
Luis Brime
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Tel: +44
(0) 20 3883 4430
www.bowspritpartners.com
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Media enquiries:
Buchanan (Financial
Communications)
Simon Compton
Verity Parker
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Tel: + 44
(0) 20 7466 5000
AmicorpFS@buchanan.uk.com
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Notes to Editors
AMIF is an international specialist
fund services group that works with a broad mix of clients
including institutional investors, fund managers (private equity,
venture capital and hedge funds) as well as family offices to
provide a suite of specialist services across global markets. AMIF
operates at significant scale, providing local and global expertise
to over 460 active funds.
AMIF provides a comprehensive and
tailored range of services which are all underpinned by
market-recognised technology solutions that support clients across
the value chain, from a single point of contact.
These include:
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·
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Fund Administration & Investor
Services: Fund accounting, fund
administration, in-house NAV calculation, investor services
including Register & Transfer Agency services, booking of
subscriptions & redemptions, audit liaison/support, real time
oversight over investment performance.
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·
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Assurance and Governance Services: FATCA and CRS reporting services, Fiduciary, Anti-Money
Laundering (AML) officer services in compliance with international
rules and regulations including administrative support to the Board
and Committees of the Board.
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·
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BPO
Services: Simplifying accounting and
administration services through automated accounting processes and
providing management insight into business operations through
regular and consistent management reporting.
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For further information please
visit www.amicorp-funds.com/chairmans-welcome/