SAM Syndicate

 
TIDMSAM 
 
For immediate release: 
 
                        Syndicate Asset Management Plc 
 
                  ("Syndicate", the "Company" or the "Group") 
 
                                Issue of Equity 
 
The Directors of Syndicate Asset Management Plc (the "Company") (AIM: SAM), the 
fund management group, announce that the Company will be issuing 6,733,331 
ordinary shares of 0.2 pence each in the Group ("Ordinary Shares") to certain 
staff and senior managers which have vested under the Company's Long Term 
Investment Plan ("LTIP"). Details of the LTIP were set out in the Company's 
Prospectus of 12 October 2009 and adopted by the Board of Directors on 1 
December 2009. 101 staff and senior managers now participate in the Syndicate 
LTIP. 
 
Application will be made for the New Ordinary Shares, which will when issued 
rank pari passu with the existing Ordinary Shares in issue, to be admitted to 
trading on AIM; trading is expected to commence on 8 February 2011. Following 
the issue of the new Ordinary Shares as set out above, the total number of 
shares in issue will be 1,810,748,627. Therefore the total number of Ordinary 
Shares in the Company with voting rights is 1,810,748,627. 
 
The above figure of 1,810,748,627 Ordinary Shares may be used by shareholders 
in the Company as the denominator for the calculation by which they will 
determine if they are required to notify their interest in, or a change to 
their interest in, the share capital of the Company under the Financial Service 
Authority's Disclosure and Transparency Rules. 
 
-Ends- 
 
Further information: 
 
Syndicate Asset Management plc 
 
Peter Dew (Chairman) Tel: 020 7659 8060 
 
Cenkos Securities plc 
 
Stephen Keys/Julian Morse Tel: 020 7397 8900 
 
GTH Communications 
 
Toby Hall/Christian Pickel Tel: 020 3103 3903 
 
 
 
END 
 

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