⌘K
t
Satsuma Technology PLC announced on 16 October 2025 the appointment of Canaccord Genuity Limited as Sponsor and Latham & Watkins as legal advisor. These appointments are to advise on the company's proposed move from the Equity Shares (Transition) Category to the Equity Shares (Commercial Companies) Category of the Official List, which Satsuma aims to complete on or before 30 December 2025.
| Date | 16 Oct 2025 |
| Time | 07:00:12 |
| Category | Corporate updates |
| ID | 5639D |
Satsuma Technology Plc
('Satsuma' or the 'Company')
Appointment of Advisors
Satsuma Technology PLC [LSE: SATS] today announces that it has appointed Canaccord Genuity Limited and Latham & Watkins as Sponsor and legal advisor (respectively), to advise on its proposed move from the Equity Shares (Transition) Category to the Equity Shares (Commercial Companies) Category of the Official List ("Uplisting") of the Financial Conduct Authority.
These appointments follow the appointment of Andrew Smith as CFO announced on 14 October 2025.
Satsuma aims to complete the Uplisting on or before 30 December 2025. A full prospectus is being prepared and a new auditor will be announced in due course.
Henry K. Elder, CEO, commented:
"To build a world-class company, we must partner with world-class advisors. Canaccord Genuity and Latham & Watkins are undisputed leaders in the digital asset space, with unparalleled expertise in guiding ambitious companies through the public markets. Their appointment is a cornerstone of our strategy to build a company with the highest standards of governance and market credibility. Following the recent appointment of our new CFO, this is another clear signal of our commitment to executing our vision."
Ends
Enquiries:
|
Satsuma Technology PLC Matt Lodge, Chairman
Data Counsel Steffan Williams William Barker |
+44 (0)20 3855 8888
+44 (0)7767 345 563 +44 (0)7534 068 657
|