REG-Alina Holdings PLC Alina Holdings PLC: Strategic Review

Alina HoldingsAnnouncement

23/05/2022 12:15

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   Alina Holdings PLC (ALNA)
   Alina Holdings PLC: Strategic Review

   23-May-2022 / 12:08 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   Alina Holdings plc

    

   THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF  ARTICLE
   7 OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU) NO.596/2014, WHICH
   FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018
   ("UK MAR").   UPON  THE  PUBLICATION OF  THIS  ANNOUNCEMENT,  THIS  INSIDE
   INFORMATION (AS DEFINED IN UK MAR) IS  NOW CONSIDERED TO BE IN THE  PUBLIC
   DOMAIN.

                               Alina Holdings plc

                     (Reuters: ALNA.L, Bloomberg: ALNA:LN)

                           (“ALNA” or the “Company”)

                                Strategic Review

   Given the  recent  collapse in  Global  Equity Markets,  and  the  Board’s
   relatively bleak economic  outlook with the  potential for  'Stagflation',
   leading to further stock market declines, as articulated in the  Company’s
   Trading Update of 2 March 2022, the Board of ALNA announces its  intention
   to undertake an accelerated 'Strategic Review', including but not  limited
   to

    1. the potential sale of the Company
    2. a potential acquisition  or merger with  another (larger) business  or
       company
    3. an orderly  liquidation  of  the  Company’s assets  with  a  pro  rata
       distribution of the Company’s assets
    4. continuation of the Company’s current Strategy
    5. a capital reconstruction which could potentially include a buyback  of
       shares,  dependant  on,  amongst  other  factors,  the   distributable
       reserves of the Company
    6. any other alternatives  which would  benefit the  shareholders of  the
       Company 

   It is the Board’s intention to retain an advisor to support the  Strategic
   Review and execution of any changes to the Company’s current Strategy.

   The Board  is  also  happy  to undertake  informal  discussions  with  any
   shareholder  wishing  to  discuss  any  of  the  above  proposals  or  any
   alternatives they  may  wish  to propose.  We  would  respectfully  remind
   shareholders that any such informal discussions will be on a  confidential
   basis and the Board may not be able to answer certain queries, provide any
   assurances  as  to   the  proposals  to   be  undertaken  and/or   provide
   shareholders with all the information they may request in relation to  the
   Strategic Review or otherwise.  In particular, the Board will not be  able
   to disclose any  information to any  shareholder which constitutes  inside
   information for  the purposes  of  UK MAR.  The  Board will  commence  the
   Strategic Review and provide shareholders with an update in the event that
   any decision is made to undertake any particular proposal(s).

    

    

                                      END

   Investor Enquiries:      1 enquiries@alina-holdings.com
   Alina Holdings Ltd       
   Duncan Soukup, Chairman +33 (0)6 78 63 26 89

    2 www.alina-holdings.com

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   ISIN:           GB00B1VS7G47
   Category Code:  UPD
   TIDM:           ALNA
   LEI Code:       213800SOAIB9JVCV4D57
   OAM Categories: 2.2. Inside information
   Sequence No.:   163536
   EQS News ID:    1359041


    
   End of Announcement EQS News Service

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    3 fncls.ssp?fn=show_t_gif&application_id=1359041&application_name=news&site_id=reuters8

References

   Visible links
   1. mailto:enquiries@alina-holdings.com
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5f6e88dfcc72742111bb7f5f70b9e0ef&application_id=1359041&site_id=reuters8&application_name=news


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