REG - Greencore Group PLC Bakkavor Group PLC - De-Listing and Cancellation of Bakkavor Shares

GreencoreAnnouncement

19/01/2026 09:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260119:nRSS4132Pa&default-theme=true

RNS Number : 4132P  Greencore Group PLC  19 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

19 January 2026

 

RECOMMENDED ACQUISITION

OF

BAKKAVOR GROUP PLC

BY

GREENCORE GROUP PLC

 

DE-LISTING AND CANCELLATION OF TRADING OF BAKKAVOR SHARES

Further to the announcement made by Greencore Group plc ("Greencore") and
Bakkavor Group plc ("Bakkavor") on 16 January 2026, Bakkavor today confirms
that, following applications made on behalf of Bakkavor, the FCA has cancelled
the listing of Bakkavor Shares on the equity shares (commercial companies)
category of the Official List and the London Stock Exchange has cancelled the
trading of Bakkavor Shares on its main market for listed securities, in each
case with effect from 8.00 a.m. today.

Capitalised terms used but not defined in this announcement have the meanings
given to them in the scheme document published by Bakkavor on 12 June 2025.

All references to times in this announcement are to London, United Kingdom
time.

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

 Bakkavor                                                                         via MHP Group
 Annabel Tagoe-Bannerman, Group General Counsel and Company Secretary
 Citigroup Global Markets Limited (Citi) (Lead Financial Adviser and Joint
 Corporate Broker to Bakkavor)
 Michael Lavelle                                                                  +44 (0) 20 7986 4000
 James Ibbotson
 Christopher Wren
 Irina Dzuteska
 Peel Hunt LLP (Peel Hunt) (Joint Financial Adviser and Joint Corporate Broker    +44 (0) 20 7418 8900
 to Bakkavor)
 Dan Webster
 James Thomlinson
 Michael Nicholson
 MHP Group (Financial Communications for Bakkavor)                                bakkavor@mhpgroup.com
 Katie Hunt                                                                       +44 (0) 7884 494 112
 Rachel Farrington                                                                +44 (0) 7739 312 199
 Charles Hirst                                                                    +44 (0) 7770 753 544

 

Important notices relating to financial advisers

Citi, which is authorised by the Prudential Regulation Authority and regulated
by the FCA and the Prudential Regulation Authority in the UK, is acting for
Bakkavor and no one else in connection with the Transaction and will not be
responsible to anyone other than Bakkavor for providing the protections
afforded to its clients, or for giving advice in connection with the
Transaction or any matter referred to herein. Neither Citi nor any of its
affiliates, directors or employees owes or accepts any duty, liability or
responsibility whatsoever (whether direct or indirect, consequential, whether
in contract, in tort, under statute or otherwise) to any person who is not a
client of Citi in connection with this announcement, any statement contained
herein or otherwise.

Peel Hunt, which is authorised and regulated by the FCA in the UK, is acting
for Bakkavor and no one else in connection with the Transaction and will not
be responsible to anyone other than Bakkavor for providing the protections
afforded to its clients, or for giving advice in connection with the
Transaction or any matter referred to herein. Neither Peel Hunt 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 Peel Hunt in connection with this
announcement, any statement contained herein, the Transaction or otherwise. No
representation or warranty, express or implied, is made by Peel Hunt as to the
contents of this announcement.

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FURVKLBFQFLEBBQ



            Copyright 2019 Regulatory News Service, all rights reserved