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Completion of the InvestAcc Acquisition

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THIS IS AN ANNOUNCEMENT AND NOT A PROSPECTUS OR A PROSPECTUS EQUIVALENT DOCUMENT AND INVESTORS AND PROSPECTIVE INVESTORS SHOULD NOT MAKE ANY INVESTMENT DECISION ON THE BASIS OF ITS CONTENTS. A PROSPECTUS IN RELATION TO THE ACQUISITION WAS PUBLISHED ON 1 JULY 2024 ("ORIGINAL PROSPECTUS") WHICH WAS SUPPLEMENTED BY A SUPPLEMENTARY PROSPECTUS DATED 3 SEPTEMBER 2024.

InvestAcc Group Limited (formerly known as Marwyn Acquisition Company II Limited)

(the "Company")

Completion of the acquisition of InvestAcc Holdings Limited (formerly known as InvestAcc Group Limited), admission of shares, change of name and appointment of joint broker

The Company is pleased to announce the completion of the acquisition of InvestAcc Holdings Limited (formerly known as InvestAcc Group Limited) ("InvestAcc") (the "Acquisition").

Commenting on the completion of the Acquisition, Executive Chairman Mark Hodges, said:

"We are delighted to reach this important milestone, marking the start of a new chapter for the Company as InvestAcc Group. This is a key step in delivering on our ambition to build the UK's leading specialist pensions administration business through our buy-and-build strategy."

InvestAcc's Market Recognition

The board of directors of the Company were delighted to see the SIPP provider market's recognition of the high quality service provided by InvestAcc with InvestAcc having its most successful year to date at the ILP Moneyfacts Awards 2024. InvestAcc won both the Moneyfacts' Best SIPP Provider award for the fifth time, as well as winning the Best Pension Service provider award for the fifth year running. InvestAcc was also awarded 'Highly Commended' in the category of Service Beyond the Call of Duty. This service quality underpins the focus of the Company as it seeks to execute its buy-and-build strategy.

Admission of the Consideration Shares and re-admission of the Ordinary Shares

Under the terms of the Acquisition, earlier this morning the Company issued 6,150,911 Ordinary Shares ("Consideration Shares") to Nick Gardner (founder of InvestAcc), pursuant to a loan note exchange mechanism, as consideration such that Nick Gardner now has an economic interest of 12.6% in the Company's enlarged issued share capital.

As described in the Prospectus, admission of the Consideration Shares and re-admission of the Ordinary Shares (as enlarged by the Consideration Shares) to the equity shares (transition) category of the Official List and to trading on the Main Market took place this morning at 8.00 a.m. ("Re-Admission").

Following Re-Admission, the Company confirms that its share capital consists of 48,850,911 Ordinary Shares with no par value and carrying one vote each. Therefore, the total number of voting rights in the Company on 9 October 2024 is 48,850,911. The Company does not hold any ordinary shares in treasury and has in issue one sponsor share which does not carry the right to vote at meetings of Shareholders. Accordingly, the total number of voting rights in the Company is 48,850,911 which should be used by shareholders as the denominator for the calculations by which they will determine to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Change of name and new ticker

Further to the Company's announcement on 7 October 2024, and as stated in the Original Prospectus, the Company has changed its name with the British Virgin Islands ("BVI") Registrar of Corporate Affairs to InvestAcc Group Limited. The Company's name has legally changed, with immediate effect, but will be reflected on the systems operated by the London Stock Exchange and the FCA on or around 10 October 2024. In addition, the Company has changed its TIDM (the Company's Ticker) to "INAC" with effect from 8:00 a.m. today.

Appointment of new corporate broker

With effect from completion of the Acquisition, Panmure Liberum Capital Limited ("Panmure Liberum") has been appointed as a broker to the Company.

Unless defined otherwise, capitalised terms in this announcement shall have the same meaning as in the Original Prospectus.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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