Business
Results of Placing in W.A.G Payment Solutions PLC
Bock Capital EU Luxembourg WAG S.à r.l., an affiliate of TA Associates Management, L.P., has sold 61,000,000 ordinary shares in W.A.G Payment Solutions PLC at a price of £0.92 per share. This placing represents approximately 8.8 per cent of the company's issued share capital. Following the completion of the placing, the Selling Shareholder will hold 118,505,764 ordinary shares, which is about 17.1 per cent of the company's issued share capital. These remaining shares will be subject to a 90-day lock-up undertaking. The placing is expected to close on September 29, 2025, with proceeds payable in cash. The company will not receive any proceeds from this placing. Disclaimer*
About this update from W.a.g. Payment Solutions Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND DOES NOT CONSTITUTE OR FORM AN OFFER FOR THE SALE OF, OR THE SOLICITATION OF AN OFFER TO BUY, THE SECURITIES REFERRED TO HEREIN IN ANY JURISDICTION, INCLUDING THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ISRAEL.\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AND UPON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\nPLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\n25 September 2025\nRESULTS OF PLACING OF ORDINARY SHARES IN W.A.G PAYMENT SOLUTIONS PLC\n(\"EUROWAG\" OR THE \"COMPANY\")\nBock 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 61,000,000 ordinary shares of £0.01 each in the Company (the \"Placing Shares\") at a price of £0.92 per Placing Share (the \"Placing\"). The Placing Shares in aggregate represent approximately 8.8 per cent. of the Company's issued share capital.\nOn completion of the Placing, the Selling Shareholder will hold 118,505,764 ordinary shares in the Company, representing approximately 17.1 per cent. of the Company's issued share capital and which will be subject to a 90-day lock up undertaking (itself subject to certain customary exceptions and/or waiver by the Bookrunner (as defined below)).\nThe 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 29 September 2025.\nPeel Hunt LLP acted as Sole Bookrunner (\"Peel Hunt\" and/or the \"Bookrunner\") in respect of the Placing.\nThe Company is not party to the Placing and will not receive any proceeds from the Placing.\n\n\n\n\nENQUIRIES\n \nPeel Hunt LLP\n(Sole Bookrunner)\nNeil Patel / Benjamin Cryer\nSohail Akbar / Nicolas Wilks\n\n\n \n \n \n \n+44 (0)20 7418 8900\n \n\n\n\n\n\n\n \nIMPORTANT NOTICES\nMEMBERS OF THE PUBLIC ARE NOT ELIGIB...