REG - Moss Bros Group - Delisting and Cancellation of Listing
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 OR REGULATIONS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
Capitalised terms used but not defined in this Announcement have the meanings set out in the Scheme Document dated 7 April 2020 (the "Scheme Document"), a copy of which is available on the website of Moss Bros at https://corp.moss.co.uk/.
12 June 2020
RECOMMENDED CASH OFFER
for
MOSS BROS GROUP PLC
by
BRIGADIER ACQUISITION COMPANY LIMITED
Delisting and Cancellation of Listing
On 12 March 2020, the Board of Moss Bros Group PLC ("Moss Bros") and the Board of Brigadier Acquisition Company Limited ("Bidco") announced under Rule 2.7 of the Code that they had reached agreement on the terms of a recommended cash offer to be made by Bidco to acquire the entire issued and to be issued ordinary share capital of Moss Bros (the "Acquisition"). The Acquisition was to be effected by means of a Court-sanctioned scheme of arrangement between Moss Bros and the Scheme Shareholders under Part 26 of the Companies Act (the "Scheme"). Full details of the Acquisition are set out in the Scheme Document.
Further to the announcement made by Moss Bros on 11 June 2020 that the Scheme has become effective in accordance with its terms, Moss Bros announces that, following applications by Moss Bros, the FCA has cancelled the listing of Moss Bros Shares on the premium segment of the Official List of the FCA and the London Stock Exchange has cancelled the trading of Moss Bros 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 June 2020.
Enquiries
Moss Bros
Brian Brick, CEO
Bill Adams, CFO
via Buchanan
Peel Hunt (Lead Financial adviser and Rule 3 Adviser to Moss Bros)
George Sellar
Michael Nicholson
020 7418 8900
Rothschild & Co (Joint Financial Adviser to Moss Bros)
John Byrne
Andrew Graham
020 7280 5000
Buchanan (Financial PR adviser to Moss Bros)
Charles Ryland
Vicky Hayns
020 7466 5000
IMPORTANT NOTICES
Peel Hunt LLP (which is authorised and regulated in the United Kingdom by the FCA) is acting exclusively for Moss Bros and no one else in connection with the matters set out in this announcement, and will not be responsible to anyone other than Moss Bros for providing the protections afforded to its clients or for providing advice in connection with the Acquisition or any matter or arrangement referred to herein.
N.M. Rothschild & Sons Limited ("Rothschild & Co") (which is authorised and regulated by the FCA in the United Kingdom) is acting exclusively for Moss Bros and for no one else in connection with the Acquisition and any other matter set out in this announcement, and will not be responsible to anyone other than Moss Bros for providing the protections afforded to its clients or for providing advice in connection with the Acquisition or any matter or arrangement referred to herein.
PUBLICATION ON WEBSITE
This announcement and the documents required to be published pursuant to Rule 26 of the Code will be made available, subject to any applicable restrictions relating to persons resident in Restricted Jurisdictions, on Moss Bros's website at https://corp.moss.co.uk/ and on Bidco's website at www.brigadieruk.co.uk by no later than 12.00 noon on the Business Day following the date of publication of this announcement. For the avoidance of doubt, save as expressly referred to in this announcement, the contents of those websites are not incorporated into and do not form part of this announcement.
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