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 |
+44 (0) 203 757 4980 |
| Investor Relations |
Investor.relations@mab.org.uk |
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