Blancco Technology Group PLC Compulsory acquisition procedure (8396Q)

TIDMBLTG

RNS Number : 8396Q

Blancco Technology Group PLC

20 October 2023

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

20 October 2023

Blancco Technology Group plc

(the "Company" or "Blancco")

Compulsory acquisition procedure

The Board of Blancco Technology Group plc (AIM: BLTG) notes today's announcement by Bidco that it is to commence the compulsory acquisition (under Chapter 3 of Part 28 of the Companies Act 2006) of the remaining Blancco Shares which it does not currently own or in relation to which it has not received valid acceptances of the Offer.

The Company confirms that admission of the Company's ordinary shares to trading on AIM will be cancelled at 7.00 am on 17 November 2023, in accordance with AIM Rule 41.

Capitalised terms and expressions used but not defined in this announcement have the same meanings as given to them in the Offer Document published by Bidco and dated 8 August 2023.

Enquiries:

 
 Blancco Technology Group plc                       Via Buchanan 
  Rob Woodward, Chair 
  Matt Jones, Chief Executive Officer 
  Adam Moloney, Chief Financial Officer 
 
  Rothschild & Co (Lead Financial Adviser            Tel: +44 (0) 20 7280 
  under Rule 3 of the Takeover Code to Blancco)      5000 
  Warner Mandel 
  Anton Black 
 
  Stifel Nicolaus Europe Limited (Joint 
  Financial Adviser and Corporate Broker             Tel: +44 (0) 20 7710 
  to Blancco)                                        7600 
  Nick Adams 
  Nick Harland 
  Richard Short 
  Ben Burnett 
 
   Buchanan Communications Limited (PR adviser        Tel: +44 (0) 20 7466 
   to Blancco)                                        5000 
   Chris Lane / Jack Devoy

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CASNKKBDDBDDNKB

(END) Dow Jones Newswires

October 20, 2023 07:16 ET (11:16 GMT)

Blancco Technology (LSE:BLTG)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024