REG - Arrow Global Grp PLC - De-listing and Cancellation of Trading

FTI ConsultingAnnouncement

12/10/2021 09:05

RNS Number : 7044O
  
Arrow Global Group PLC
  
12 October 2021
  
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
12 October 2021
ARROW GLOBAL GROUP PLC
DE-LISTING AND CANCELLATION OF TRADING OF ARROW GLOBAL GROUP PLC SHARES
Further to the announcement made by Arrow Global Group plc ("Arrow") on 11 October 2021, Arrow today announces that, following an application by Arrow, the Financial Conduct Authority has cancelled the listing of Arrow Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of Arrow Shares on the London Stock Exchange's main market for listed securities, in each case with effect from 8:00 a.m. (London time) today, 12 October 2021.
Capitalised terms used in this announcement shall, unless otherwise defined, have the meanings given to them in the circular published on 28 April 2021 in relation to the recommended cash offer by Sherwood Acquisitions Limited ("Bidco") for the entire issued and to be issued share capital of Arrow not already owned by or on behalf of Bidco, effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme Document").
 
 




 
Enquiries:
 
 



Arrow
Media
Nick Jones
Investors

Dominic Lagan

Martina Swart


 
njones@arrowglobal.net
 
ir@arrowglobal.net




Goldman Sachs International (Joint Lead Financial Adviser to Arrow)
Owain Evans

Jamie Macdonald


+44 (0) 20 7774 1000




J.P. Morgan Cazenove (Joint Lead Financial Adviser and Corporate Broker to Arrow)
Matt Smith

James A. Kelly

Gokhan Ozkan

Jonty Edwards




+44 (0) 20 7742 4000




Numis (Financial Adviser and Corporate Broker to Arrow)
Charles Farquhar

Stuart Ord

Laura White




+44 (0) 20 7260 1000




Panmure Gordon (UK) Limited (Corporate Broker to Arrow)
Antoine Dupont-Madinier

Charles Leigh-Pemberton

Ailsa Macmaster




+44 (0) 20 7886 2500




FTI Consulting (Communications adviser to Arrow)
John Waples

Tom Blackwell

Neil Doyle




+44 (0) 20 3727 1051

+44 (0) 77 1781 4520

+44 (0) 77 4711 3919



Slaughter and May is acting as legal adviser to Arrow.
Kirkland & Ellis International LLP is acting as legal adviser to Bidco.
 
Important notice
 
This announcement is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction, whether pursuant to this announcement or otherwise.
 
This announcement does not constitute a prospectus or prospectus exempted document.
 
Further information
 
Goldman Sachs International, which is authorised by the PRA and regulated by the PRA and the FCA in the United Kingdom, is acting exclusively for Arrow and for no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Arrow for providing the protections afforded to its clients or for providing advice in relation to such matters, the contents of this announcement or any other matters referred to in this announcement.
 
J.P. Morgan Securities plc, which conducts its UK investment banking business as J.P. Morgan Cazenove ("J.P. Morgan Cazenove"), is authorised in the United Kingdom by the PRA and regulated in the United Kingdom by the PRA and the FCA. J.P. Morgan Cazenove is acting as financial adviser exclusively for Arrow and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than Arrow for providing the protections afforded to clients of J.P. Morgan Cazenove or its affiliates, or for providing advice in relation to any matter referred to herein.
 
Numis Securities Limited ("Numis"), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively for Arrow and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than Arrow for providing the protections afforded to clients of Numis, nor for providing advice in relation to any matter referred to herein.
 
Panmure Gordon (UK) Limited ("Panmure Gordon"), which is authorised and regulated by the FCA in the United Kingdom is acting exclusively as Corporate Broker to Arrow and no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than Arrow for providing the protections afforded to clients of Panmure Gordon or for providing advice in connection with the subject matter referred of this announcement.
 
Overseas Shareholders
 
This announcement has been prepared in accordance with and for the purpose of complying with the laws of England and Wales, the Market Abuse Regulation and the Disclosure Guidance and Transparency Rules and information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of jurisdictions outside England.
 
The release, publication or distribution of this announcement in or into certain jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves of, and observe, any applicable requirements of their jurisdictions.
 
General
 
If you are in any doubt about the contents of this announcement or the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor or independent financial adviser duly authorised under FSMA if you are resident in the United Kingdom or, if not, from another appropriate authorised independent financial adviser.
 
 

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