Result of placing
Bock Capital EU Luxembourg WAG S.à r.l., an affiliate of TA Associates Management, L.P., has sold 88,505,764 ordinary shares of £0.01 each in W.A.G Payment Solutions PLC, representing approximately 12.7% of the company's issued share capital, at a price of £1.00 per share. Following this placing, the selling shareholder will no longer hold any ordinary shares in the company. The company itself is not a party to this transaction and will not receive any proceeds from the placing, which is expected to close on a T+2 basis on October 27, 2026.
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PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.
RESULTS OF PLACING OF ORDINARY SHARES IN W.A.G PAYMENT SOLUTIONS PLC
(“EUROWAG" OR THE “COMPANY”)
Bock Capital EU Luxembourg WAG S.à r.l., an affiliate of TA Associates Management, L.P. (the “Selling Shareholder”), announces that, further to the announcement released yesterday, it has sold a total of 88,505,764 ordinary shares of £0.01 each in the Company (the “Placing Shares”) at a price of £1.00 per Placing Share (the “Placing”). The Placing Shares in aggregate represent approximately 12.7 per cent. of the Company's issued share capital.
On completion of the Placing, the Selling Shareholder will hold no ordinary shares in the Company.
The proceeds of the Placing are payable in cash on usual settlement terms, and closing of the Placing is expected to occur on a T+2 basis on 27 October 2026.
Peel Hunt LLP acted as Sole Global Co-Ordinator and Joint Bookrunner, and WOOD & Company Financial Services, a.s. as Joint Bookrunner (together, the "Bookrunners"), in respect of the Placing.
The Company is not party to the Placing and will not receive any proceeds from the Placing.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.