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LONDON - Informa (LON:INF) PLC, an international group specializing in B2B Events, Digital Services, and Academic Markets, has applied for the admission of 71,437 new ordinary shares to the Official List and to trading on the London Stock Exchange (LON:LSEG)’s Main Market. This move comes as part of the consideration for acquiring TM Events S.à r.l., the parent company of the Top Marques brand.
The application has been made to the Financial Conduct Authority and the London Stock Exchange, with the expectation that the admission will be granted on February 7, 2025. Upon issuance, these shares will rank equally with the existing ordinary shares of the company.
This step is in line with Informa’s strategy to expand its portfolio of brands and services. The Top Marques acquisition aligns with the company’s focus on providing knowledge, connections, and market access through various platforms including events, content, and digital services.
Investors and market watchers will note that the new shares, once issued, will contribute to Informa’s capital structure and potentially its market valuation. As with all new share issuances, the dilution of existing shareholdings is a consideration, although the precise impact will depend on the company’s performance and the integration of the acquired entity.
Informa is known for delivering products and services that enable commercial, professional, and academic communities to make informed decisions and work more efficiently. The acquisition of Top Marques is expected to further enhance the company’s offerings and market reach.
The information regarding the listing application is based on a press release statement from Informa PLC.
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