Schedule One - Bravura Solutions Limited | RNS | Ticker

Schedule One - Bravura Solutions Limited

RNS Announcement

RNS Number : 2300K

AIM

30 June 2026

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

Bravura Solutions Limited ("Bravura" or the "Company")

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES):

Head Office Level 11

345 George Street

Sydney

NSW 2000

Australia

COUNTRY OF INCORPORATION:

Australia

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

https://www.bravurasolutions.com/

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Bravura is a global provider of enterprise software for the wealth management and funds administration industries. The Company functions as a "mission-critical" financial infrastructure provider, supplying the "back-bone" enterprise software that enables global financial institutions to manage complex regulatory environments, automate registry functions, and deliver digital wealth services. Bravura currently supports over 50 blue-chip clients who entrust more than A$10 trillion in assets to its systems.

Bravura is committed to increasing the operational efficiency of its clients, enhancing their ability to rapidly innovate and grow, minimising their risk and enabling them to provide better services to their customers. Backed by over 30 years of experience, Bravura's installed, managed hosted or cloud solutions are used by many of the world's leading financial institutions.

Main Country of Operation: The Company has operations in both EMEA and APAC with development teams in Gurugram, India and Warsaw, Poland. It has its main offices in London and Sydney.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

Securities: Ordinary Shares of no par value ("Ordinary Shares")

Ordinary Shares to be admitted to trading: 448,299,975

Restrictions: No restrictions on transferability of the Ordinary Shares

CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Capital to be raised on admission: None

Anticipated Market Capitalisation on Admission: c. £500m

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

28.05%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

The Ordinary Shares currently trade on the Australian Securities Exchange (ASX) under ticker "BVS" and can also be traded on the OTC Pink Limited Market with ticker BVSFF. There is no issuer involvement with the latter.

THE COMPANY HAS APPLIED FOR THE VOLUNTARY CARBON MARKET DESIGNATION (Y/N)

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Russell Graeme Baskerville (Independent Non-Executive Chairman)

Damien C Leonard (Non-Executive Director and Deputy Chair)

Colin Steven Greenhill (Chief Executive Officer)

Sarah Elizabeth Adam-Gedge (Independent Non-Executive Director)

Charles Robert Crouchman (Independent Non-Executive Director)

Dexter Jonas Salna (Independent Non-Executive Director)

Shezad Kassam Okhai (Non-Executive Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

	Before Admission		After Admission
Shareholder		Percentage of the Issued Share Capital	Percentage of the Issued Share Capital
L6 Holdings Inc and Pinetree Capital Limited		22.8%	22.8%
Camac Fund, LP		6.9%	6.9%
Mr Dexter Salna		3.5%	3.5%

L6 Holdings Inc owns 20.73% of the Company and also owns 34.7% of the issued shares and voting rights of Pinetree Capital Ltd which in turn owns 2.04% of the Company. Damien C Leonard is a director of each entity. As a consequence the holdings have been aggregated above.

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

N/A

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 30 June

(ii) N/A - no Admission Document (Admission to AIM to occur via AIM Designated Market Route)

(iii) Full year results for the year ended 30 June 2026 by 31 December 2026, half year results for the period ended 31 December 2026 by 31 March 2027 and full year results for the year ended 30 June 2027 by 31 December 2027

EXPECTED ADMISSION DATE:

28 July 2026

NAME AND ADDRESS OF NOMINATED ADVISER:

Canaccord Genuity Limited

88 Wood Street

London EC2V 7QR

NAME AND ADDRESS OF BROKER:

Canaccord Genuity Limited

88 Wood Street

London EC2V 7QR

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

N/A - Quoted Applicant

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

The Company intends to remain compliant with the Corporate Governance Principles and Recommendations 4th Edition with 2019 amendments issued by the ASX Corporate Governance Council ("ASX Principles").

DATE OF NOTIFICATION:

30 June 2026

NEW/ UPDATE:

NEW

QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:

Australian Securities Exchange (ASX)

THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:

16 November 2016

CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET OR DETAILS OF WHERE THERE HAS BEEN ANY BREACH:

The Company confirms that, after due and careful enquiry, it has adhered to the legal and regulatory requirements involved in having its securities traded on ASX.

AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE:

Investor Centre | ASX Announcements

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY:

Bravura operates a focused organisational model structured around two core divisions: (i) Global Wealth; and (ii) Transfer Agency, with a regional focus across APAC and EMEA. The business model combines scalable, configurable platforms with a high-value services layer, delivering integrated solutions rather than standalone products. These solutions support end-to-end administration capabilities through implementation, configuration, data integration and ongoing services, creating deep client integration, recurring revenue and long-term strategic partnerships.

Organic growth within the existing client base has been the primary driver of revenue expansion. Bravura aligns closely with client strategy and roadmaps, engaging through structured strategy sessions to ensure solution development, service delivery and investment priorities are aligned. This approach strengthens retention, increases revenue opportunities and reinforces Bravura's role as a long-term strategic partner.

Growth is the result of value-based pricing, cross-sell of additional solutions and services, geographic expansion with existing clients and direct participation in client growth. As clients scale through mergers, acquisitions, new mandates and book transfers, Bravura captures increased volumes, assets and members processed onto its platforms.

Bravura enables financial institutions to automate and streamline administration while retaining flexibility in how services are delivered. Clients can operate directly or leverage custodians and service providers using Bravura's technology to deliver administration on their behalf. This flexibility supports both in-house and outsourced service models while driving cost efficiency, scalability and improved service outcomes and allowing clients to maintain control of their operations and customer experience where desired.

The ability to integrate, migrate and manage data remains a critical differentiator. It underpins the speed and accuracy of onboarding new clients and books of business, directly linking Bravura's growth to the success of its customers, particularly as they expand through new mandates and asset growth.

Bravura also selectively pursues new client relationships, particularly in wealth and digital segments. This approach remains disciplined, with a focus on sustainable, value-led engagements and total cost of ownership rather than price-led competition. A core differentiator is Bravura's consistent track record of successful implementations, positioning the firm as a low-risk partner in an industry where execution failure carries material operational and reputational risk.

Ongoing investment in automation, AI and platform innovation underpins efficiency, scalability and improved client outcomes. Bravura's solutions enable financial institutions to streamline complex wealth, pension and funds administration processes, delivering cost savings while enhancing service quality and digital engagement. Technology leadership remains central to the growth strategy.

The Company maintains a disciplined approach to cost management, aligning expenditure closely to client value and strategic priorities. An efficient operating model supports continued investment in technology, delivery capability and client support.

Bravura's core markets remain APAC and EMEA, where regulatory complexity and scale provide strong growth opportunities. The Company is well positioned to expand across the broader financial services ecosystem through targeted M&A, strengthening its presence across wealth, pensions and asset servicing value chains. This includes continued investment in leadership with integration expertise and a disciplined capital management approach to support future growth.

A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:

There has been no significant change in the financial or trading position of the Company since the end of the last financial period for which audited statements have been published.

A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TO IT OR ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION:

The Directors have no reason to believe that the working capital available to the Company will be insufficient for at least 12 months from Admission.

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:

N/A

A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:

To settle the securities to be traded on AIM, the Company will apply for Depository

Interests, representing its Ordinary Shares, to be admitted to CREST with effect from

Admission. Accordingly, settlement of transactions in the Depository Interests following

Admission will take place within the CREST system. CREST is a voluntary system and

shareholders who wish to have them held outside of CREST will have their details

recorded on the Company's share register maintained in Australia. Settlement on the ASX

will continue to be conducted under the ASX's electronic CHESS system.

A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:

Investor Centre | Bravura Solutions

INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:

The announcement released on 30 June 2026 by Bravura entitled "Proposed application for admission to trading on AIM" contains, inter alia, information equivalent to that required for an Admission Document and which is not already public.

A copy of the announcement is available on the Company's website: Investor Centre | Bravura Solutions

A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE A FINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO ADMISSION AND INTERIM RESULTS WHERE APPLICABLE. THE ACCOUNTS MUST BE PREPARED IN ACCORDANCE WITH ACCOUNTING STANDARDS PERMISSIBLE UNDER AIM RULE 19:

Investor Centre | Reports

THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY:

None

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RNS metadata

Title: Schedule One - Bravura Solutions Limited
Time: 07:30:00
Date: 30 Jun 2026
Category: Capital structure
ID: 2300K