REG - Blancco Tech Grp PLC - Compulsory acquisition procedure

Blancco TechnologyAnnouncement

20/10/2023 12:30

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RNS Number : 8396Q  Blancco Technology Group PLC  20 October 2023

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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 under Rule 3 of the Takeover Code           Tel: +44 (0) 20 7280 5000
 to Blancco)

 Warner Mandel

 Anton Black

 Stifel Nicolaus Europe Limited (Joint Financial Adviser and Corporate Broker

 to Blancco)                                                                         Tel: +44 (0) 20 7710 7600

 Nick Adams

 Nick Harland

 Richard Short

 Ben Burnett

 Buchanan Communications Limited (PR adviser to Blancco)                             Tel: +44 (0) 20 7466 5000

 Chris Lane / Jack Devoy

 

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