31 August 2022
MJ Hudson Group plc
(the "Company", "Group" or "MJ Hudson")
Results of General Meeting and Issue of Equity
The Company announces that all Resolutions put to Shareholders at today's General Meeting in connection with the recently announced Fundraising to raise gross proceeds of approximately £9.2 million by way of the Placing and Retail Offer, were duly passed. Details of the voting results at the General Meeting will shortly be published on the Company's website (link: https://mjhudson.com/investors/).
Application has been made for 30,742,463 New Ordinary Shares (representing the 30,000,000 Placing Shares and the 742,463 Retail Offer Shares) to be admitted to trading on AIM ("Admission"), which will take place at 8.00 a.m. on 1 September 2022.
Following Admission, the Company will have 203,370,228 Ordinary Shares in issue carrying voting rights admitted to trading on AIM. This figure, 203,370,228, may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Certain Directors and PDMRs have subscribed for an aggregate of 2,886,005 Placing Shares (approximately £0.87 million) in the following amounts. The Company notes that Matthew Hudson has subscribed for a slightly higher number of Placing shares than previously disclosed in its announcement on 11 August 2022.
| Shareholder | Number of existing Shares | % of Existing Issued Share Capital | Number of Placing Shares subscribed for at the Issue Price | Number of Shares held on Admission | % of Issued Share Capital on Admission |
| Matthew Hudson | 47,698,044* | 27.63% | 2,821,005 | 50,519,049 | 24.84% |
| Odi Lahav | 802,259 | 0.46% | 25,000 | 827,259 | 0.41% |
| Andrew Walsh | 65,295 | 0.04% | 40,000 | 105,295 | 0.05% |
*Includes 8,517,340 Ordinary Shares held by Katherine Hudson, wife of Matthew
Other than where defined, capitalised terms used in this announcement have the meanings given to them in the Company's announcement of the Fundraising, released at 4.41pm on 10 August 2022.
For further information, please contact:
| MJ Hudson Group plc Matthew Hudson, CEO
| +44 20 3463 3200 |
| Cenkos Securities plc (Nomad and Broker) Giles Balleny Stephen Keys Callum Davidson | +44 20 7397 8900 |
| Buchanan (PR Adviser) Stephanie Whitmore Kim Looringh-van Beeck George Cleary
| +44 20 7466 5000 |
About MJ Hudson
MJ Hudson (AIM:MJH) is the end-to-end solutions provider to the US$100 trillion+ asset management industry, specialising in its fastest growing segment, private markets (including private equity and venture capital).
The Company offers investors access to the growth in private markets as a tech-enabled 'picks and shovels' play.
Founded in 2010, by CEO Matthew Hudson (a private markets lawyer and former fund manager), MJ Hudson was admitted to the AIM market of the London Stock Exchange in 2019. The Group has grown to more than 300 professionals, serving more than 1,000 clients, across the globe, including some of the industry's largest players and 18 of the FTSE 100.
Several factors have contributed to the Group's success, to date, and support strong growth expectations, for the future:
1. As private markets grow, so do scrutiny and regulation, increasing the need for the Group's specialist advice and services, particularly in areas like ESG, where it has award-winning solutions
2. As it evolves, the sector is increasingly embracing technology, data, and analytics, where MJ Hudson has award-winning tools and in which it continues to invest
3. The Group's multi-service approach creates multiple client touchpoints, building stronger, longer-term relationships, and making it easier to sell in additional MJ Hudson services
4. Performing these services generates vast amounts of data, which MJ Hudson aggregates and analyses, in order to further support its clients, by developing new tools and fine-tuning existing services
For more information, please visit our website: www.mjhudson.com/investors
LinkedIn: www.linkedin.com/company/mj-hudson/
Twitter: www.twitter.com/MJHudsonCorp
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