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')):

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.