REG - DBAY Advisors Ltd TT Electronics PLC Cicor Technologies - Statement regarding TT Electronics plc

Cicor TechnologiesAnnouncement

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RNS Number : 5184F  DBAY Advisors Limited  30 October 2025

30 October 2025

DBAY Advisors Limited ("DBAY")

Statement regarding TT Electronics Plc ("TT Electronics" or the "Company")

 

DBAY notes the announcement dated 30 October 2025 (the "Announcement") by
Cicor Technologies Ltd ("Cicor") regarding the recommended cash and share
acquisition of TT Electronics by Cicor (the "Acquisition"), pursuant to which
TT Electronics shareholders would be entitled to receive for each TT
Electronics share 100 pence in cash and 0.0028 new Cicor shares.

 

As at today's date, DBAY holds an interest in 29,387,928 ordinary shares of TT
Electronics, representing approximately 16.5 per cent. of TT Electronics'
issued ordinary share capital.

 

DBAY is happy with the progress the business is currently making, and is
therefore not supportive of the Acquisition. Accordingly, DBAY does not intend
to vote in favour of the scheme of arrangement at the court meeting, nor the
resolutions to be proposed at TT Electronics' general meeting, as further
described in the Announcement.

 

This announcement has been made without the prior agreement or approval of TT
Electronics or Cicor.

 

 

 

For enquiries:

 

 Investec Bank plc                             +44 (0) 20 7597 5970

 Gary Clarence, Marc Potel, Harry Hargreaves

 

The person at DBAY responsible for making this announcement is Mike Haxby,
Partner.

 

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