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RNS Number : 2839P Greencore Group PLC 16 January 2026
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR FROM ANY RESTRICTED
JURISDICTION OR WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT
LAWS OF ANY SUCH JURISDICTION
FOR IMMEDIATE RELEASE
16 January 2026
RECOMMENDED ACQUISITION
OF
BAKKAVOR GROUP PLC
BY
GREENCORE GROUP PLC
ADMISSION OF NEW GREENCORE SHARES
As announced previously, Greencore Group plc ("Greencore") confirms that an
application has been made to the London Stock Exchange for 360,231,087 New
Greencore Shares of £0.01 each to be admitted to trading on the Main Market
of the London Stock Exchange ("Admission").
The admission date for the New Greencore Shares is expected to be 19 January
2026.
Capitalised terms used but not otherwise defined in this announcement have the
same meanings as in the scheme document and the reverse takeover circular,
both dated 12 June 2025, published in relation to Greencore's acquisition of
Bakkavor Group Plc.
Enquiries:
Greencore via FTI Consulting
Damien Moynagh, Group General Counsel and Company Secretary
N.M Rothschild & Sons Limited (Rothschild & Co) (Lead Financial +44 (0) 20 7280 5000
Adviser to Greencore)
Akeel Sachak
Sam Gormly
Deutsche Numis (Financial Adviser and Joint Corporate Broker to Greencore) +44 (0) 207 260 1000
Edward McBride
Kevin Cruickshank
Goodbody Stockbrokers UC (Goodbody) (Joint Corporate Broker to Greencore) +353 (0) 1 667 0400
Jason Molins
Cameron Duncan
Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited +44 (0) 207 408 4090
(Shore Capital) (Joint Corporate Broker to Greencore)
Malachy McEntyre
Stephane Auton
James Thomas
FTI Consulting (Financial Communications for Greencore)
Jonathan Neilan +353 (0) 86 231 4135
Nick Hasell +44 (0) 782 552 3383
Important notices relating to financial advisers
Rothschild & Co, which is authorised and regulated in the United Kingdom
by the FCA, is acting exclusively as financial adviser to Greencore and for no
one else in connection with the Transaction and will not be responsible to
anyone other than Greencore in respect of protections that may be afforded to
clients of Rothschild & Co nor for providing advice in connection with the
Transaction or any matter referred to herein. Neither Rothschild & Co nor
any of its affiliates (nor their respective directors, officers, employees or
agents) owes or accepts any duty, liability or responsibility whatsoever
(whether direct or indirect, whether in contract, in tort, under statute or
otherwise) to any person who is not a client of Rothschild & Co in
connection with this announcement, any statement contained herein, the
Transaction or otherwise. No representation or warranty, express or implied,
is made by Rothschild & Co as to the contents of this announcement.
Deutsche Bank AG is a stock corporation (Aktiengesellschaft) incorporated
under the laws of the Federal Republic of Germany with its principal office
in Frankfurt am Main. It is registered with the local district court
(Amtsgericht) in Frankfurt am Main under No HRB 30000 and licensed to carry
on banking business and to provide financial services. The London branch of
Deutsche Bank AG is registered as a branch office in the register of companies
for England and Wales at Companies House (branch registration number
BR000005) with its registered branch office address and principal place of
business at 21, Moorfields, London EC2Y 9DB. Deutsche Bank AG is subject to
supervision by the European Central Bank (ECB), Sonnemannstrasse 22, 60314
Frankfurt am Main, Germany, and the German Federal Financial Supervisory
Authority (Bundesanstalt für Finanzdienstleistungsaufsicht or BaFin),
Graurheindorfer Strasse 108, 53117 Bonn and Marie-Curie-Strasse 24-28, 60439
Frankfurt am Main, Germany. With respect to activities undertaken in
the United Kingdom, Deutsche Bank AG is authorised by the Prudential
Regulation Authority. It is subject to regulation by the FCA and limited
regulation by the Prudential Regulation Authority. Details about the extent of
Deutsche Bank AG's authorisation and regulation by the Prudential Regulation
Authority are available from Deutsche Bank AG on request. Deutsche Bank AG,
acting through its London branch (which is trading for these purposes as
Deutsche Numis) ("Deutsche Numis") is acting exclusively for Greencore and no
other person in connection with the matters referred to herein and will not be
responsible to any person other than Greencore for providing the protections
offered to clients of Deutsche Numis nor for providing advice in relation to
any matter referred to herein. Neither Deutsche Numis nor any of its
affiliates (nor any of their respective directors, officers, employees or
agents), owes or accepts any duty, liability or responsibility whatsoever
(whether direct or indirect, whether in contract, in tort, under statute or
otherwise) to any person who is not a client of Deutsche Numis in connection
with this announcement, any statement contained herein or otherwise.
Goodbody is authorised and regulated in the United Kingdom by the Financial
Conduct Authority and in Ireland, Goodbody is authorised and regulated by the
Central Bank of Ireland. Goodbody is acting exclusively for Greencore and no
one else in connection with the matters set out in this announcement. Goodbody
will not regard any other person as its client in relation to the matters set
out in this announcement or any other matter or arrangement set out in this
announcement and will not be responsible to anyone other than Greencore for
providing the protections afforded to clients of Goodbody, nor for providing
advice in relation to the matters referred to in this announcement. Neither
Goodbody nor any of its affiliates (nor their respective directors, officers,
employees or agents) owes or accepts any duty, liability or responsibility
whatsoever (whether direct or indirect, whether in contract, in tort, under
statute or otherwise) to any person who is not a client of Goodbody in
connection with this announcement, any statement contained herein or
otherwise.
Shore Capital, which are authorised and regulated in the United Kingdom by the
FCA, are acting exclusively for Greencore and no one else in connection with
the matters set out in this announcement and will not regard any other person
(whether or not a recipient of this announcement) as their client in relation
to the matters set out in this announcement and will not be responsible to
anyone other than Greencore for providing the protections afforded to their
clients, nor for providing advice, in relation to the matters set out in this
announcement or any other matter referred to in this announcement. Neither
Shore Capital, nor any of their affiliates (nor any of their directors,
officers, employees or agents), owes or accepts any duty, liability or
responsibility whatsoever (whether direct or indirect, whether in contract, in
tort, under statute or otherwise) to any person who is not a client of Shore
Capital in connection with this announcement, any statement contained herein
or otherwise. The responsibilities of Shore Capital as Greencore's joint
broker are owed to the London Stock Exchange and not to any other person.
Further information
This announcement is for information purposes only and is not intended to and
does not constitute, or form part of, any offer or invitation or the
solicitation of any offer or invitation, to purchase, otherwise acquire,
subscribe for, sell or otherwise dispose of any securities.
This announcement does not constitute a prospectus, prospectus equivalent
document or an exempted document. The New Greencore Shares are not being
offered to the public by means of this announcement.
This announcement has been prepared for the purposes of complying with English
law and the Takeover Code and the 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 of England. The Transaction
will be subject to English law and the jurisdiction of the courts of England
and Wales and the applicable requirements of the Takeover Code, the Panel, the
London Stock Exchange and the FCA.
Publication on website and availability of hard copies
A copy of this announcement will be made available on Greencore's website at
www.greencore.com (http://www.greencore.com) by no later than 12 noon (London
time) on the Business Day following the date of this announcement. The content
of this website is not incorporated into and does not form part of this
announcement.
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 appropriately authorised
independent financial adviser.
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