TIDMRBGP

RNS Number : 9828X

RBG Holdings PLC

11 January 2022

RBG Holdings Plc

(the "Company")

Purchase of Shares by Directors of Convex

The Company is pleased to announce that on 10 January 2022 the directors of Convex Capital Limited ("Convex") acquired a total of 48,694 ordinary shares of GBP0.002 pence each in the capital of the Company (the "Shares") at a price of 122 pence per Ordinary Share.

As previously stated in the announcement on 3 February 2021, the Shares were purchased as part of the 2021 arrangement between the directors of Convex and the Company to exchange their fixed base salary arrangements for a flexible commission structure directly linked to income from completed deals([1]) .

The number of Shares acquired by each director of Convex is summarised below:

 
 Name                          No. of Shares      No. of   No. of Shares        Aggregate 
                                  held prior      Shares       held post       holding as 
                              to Acquisition    Acquired     Acquisition    a % of issued 
                                                                            share capital 
 Mike Driver (CEO)                 2,520,707      24,638       2,545,345             2.67 
 Chris Froggatt (Partner)            967,869      13,623         981,492             1.03 
 Nathalie Hodgkinson 
  (Partner)                          387,363      10,703         398,066             0.42

Enquiries:

 
 RBG Holdings plc                        Via SEC Newgate 
  Nicola Foulston, CEO 
 Singer Capital Markets (Nomad and      Tel: +44 (0)20 7496 3000 
  Broker) 
  Shaun Dobson / Alex Bond (Corporate 
  Finance) 
  Tom Salvesen (Corporate Broking) 
 SEC Newgate (for media enquiries)      Tel: +44 (0)7540 106366; 
  Robin Tozer/Isabelle Smurfit           rbg@secnewgate.co.uk

About RBG Holdings plc

RBG Holdings plc is a professional services group, which comprises the following divisions:

RBG Legal Services Limited ("RBGLS")

RBGLS is the Company's legal services division which combines the businesses previously operated by Rosenblatt Limited and Memery Crystal Limited.

Rosenblatt

Rosenblatt is one of the UK's pioneering legal practices and a leader in dispute resolution. Rosenblatt provides a range of legal services to its diversified client base, which includes companies, banks, entrepreneurs and individuals. Complementing this is Rosenblatt's increasingly international footprint, advising on complex cross-jurisdictional disputes.

Memery Crystal

Memery Crystal offers legal services in a range of areas such as corporate (including a market-leading corporate finance offering), real estate, commercial, IP & technology (CIPT), banking & finance, tax & wealth structuring and employment. Memery Crystal is one of the leading legal practices in the UK to advise the emerging cannabis sector on a wide range of business issues. Memery Crystal offers a partner-led service to a broad range of clients, from multinational companies, financial institutions and owner-managed businesses to individual entrepreneurs.

LionFish Litigation Finance Limited ("LionFish")

The Company also provides litigation finance in selected cases through a separate arm, LionFish Litigation Finance Limited. LionFish finances litigation matters being run by other solicitors in return for a significant return on the outcome of those cases. As such, the Company has two types of litigation assets - Rosenblatt's own client matters, and litigation matters run by third-party solicitors. LionFish is positioned to be a unique, alternative provider to the traditional litigation funders.

Convex Capital Limited ("Convex Capital")

Convex Capital is a specialist sell-side corporate finance boutique based in Manchester. Convex Capital is entirely focused on helping companies, particularly owner-managed and entrepreneurial businesses, realise their value through sales to large corporates. Convex Capital identifies and proactively targets firms that it believes represent attractive acquisition opportunities.

([1]) The authority granted by management under the scheme is irrevocable and non-discretionary, and during a Close Period the Board has no power to invoke any changes to the authority. Any purchases will be undertaken at the sole discretion of Singer Capital Markets Limited.

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January 11, 2022 02:00 ET (07:00 GMT)

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