REG - Empresaria Group PLC - Acquisition of minority interest

EmpresariaAnnouncement

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RNS Number : 8933Y  Empresaria Group PLC  31 March 2026

31 March 2026

 

Empresaria Group plc

("Empresaria", the "Company" or the "Group")

 

Acquisition of minority interest and related party transaction

 

Empresaria Group plc (AIM: EMR), the international specialist staffing group,
announces the acquisition of 10% of the issued share capital of Greycoat
Placements Limited ("GP"), a UK subsidiary of the Company (the "Acquisition").
Following completion of the Acquisition, the Company will own 100% of GP.

 

The shares were acquired from Deborah Salter, the current managing director of
GP. Consideration for the Acquisition is £50,000, to be paid in cash from the
Group's existing facilities, all payable upon completion of the Acquisition.

 

GP reported unaudited total assets of £0.46 million for the year ended 31
December 2025 and an unaudited adjusted operating profit of £0.41 million for
the same period.

 

Related Party Transaction

 

The Company's purchase of the outstanding 10% interest in GP from Deborah
Salter, a director of GP, is deemed to be a related-party transaction pursuant
to rule 13 of the AIM Rules for Companies. The directors of Empresaria, all of
whom are independent of the Acquisition, consider, having consulted with the
Company's nominated adviser, Allenby Capital Limited, that the terms of the
Acquisition are fair and reasonable insofar as the Company's shareholders are
concerned.

 

- Ends -

 

 

Enquiries:

 Empresaria Group plc                                     via Alma PR
 Nigel Marsh, Chief Executive Officer

James Chapman, General Counsel & Company Secretary
 Allenby Capital Limited (Nominated Adviser and Broker)   020 3328 5656
 Nick Naylor / Vivek Bhardwaj (Corporate finance)

Tony Quirke (Equity sales) / Ian Jermin (Research)
 Alma Strategic Communications (Financial PR)             020 3405 0205
 Sam Modlin / Rebecca Sanders-Hewett / Sarah Peters
empresaria@almastrategic.com

 

 

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