Admission to trading on the Main Market
Mortgage Advice Bureau (Holdings) plc has successfully admitted its ordinary shares to the Main Market of the London Stock Exchange today, May 1, 2026, with simultaneous cancellation from AIM. The company's issued share capital comprises 58,021,831 ordinary shares, with 478,775 held in treasury, resulting in a total of 57,543,056 voting rights. This move signifies a major milestone for the company, reflecting its growth and maturity since joining AIM in 2014, and aims to enhance its profile and access to a broader investor base with the ambition of potentially joining the FTSE 250 index.
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Admission to trading on the Main
Further to its announcement on 27 April 2026, MAB is pleased to announce that admission of the Company's ordinary shares of 0.1 pence each (the "Ordinary Shares") to the Equity Shares (Commercial Companies) category of the Official List maintained by the Financial Conduct Authority (the "FCA") and to trading on the main market for listed securities of the London Stock Exchange (together "Admission") will occur at 8:00 a.m. today, 1 May 2026, and simultaneously the Ordinary Shares will be cancelled from trading on AIM.
The Company is not offering any Ordinary Shares nor any other securities in connection with Admission. Following Admission, the Ordinary Shares will continue to be registered under their existing ISIN, GB00BQSBH502, and will continue to trade under the ticker MAB1.
As at Admission, the Company's issued share capital consists of 58,021,831 Ordinary Shares. The Company holds 478,775 shares in treasury. Therefore, the total number of voting rights in the Company is 57,543,056. This figure may be used by shareholders as the denominator for calculating whether they are required to notify their interest in, or any change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Company's shareholders should consult their own professional advisers regarding the consequences of Admission on their personal financial and tax position.
Peter Brodnicki, Chief Executive Officer, commented:
"Admission to the Main Market marks an important milestone in MAB's development, reflecting the scale, quality and maturity of the business we have built since joining AIM in 2014.
Our reach now spans estate agency, new build, major national digital lead sources, and engagement with customers at an earlier stage of the home-moving journey. Our proposition is underpinned by a proprietary technology platform, with AI increasingly acting as a significant enabler, and a unique dataset built over 25 years of customer interactions. Together, these capabilities support strong and resilient lead flow across economic cycles and reinforce our position as a leading, tech-enabled intermediary platform.
We believe admission to the Main Market is a natural progression for a business of our scale and ambition, enhancing our profile and providing access to a broader pool of investors, with the ambition of meeting the criteria for inclusion in the FTSE 250 index over time."
Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.