REG - Mpac Group PLC - Completion of the Acquisition of CSi Palletising

MPACAnnouncement

29/11/2024 15:00

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RNS Number : 2415O  Mpac Group PLC  29 November 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK
VERSION OF THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF
UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT
2018.

For immediate release

29 November
2024
Mpac Group plc

("Mpac" or the "Company")

Completion of the Acquisition of CSi Palletising

Mpac Group plc (AIM: MPAC), the AIM quoted global leader in high-speed
packaging and automation solutions, is pleased to announce that the
Acquisition of CSi Palletising has now completed.

In connection with the Acquisition, 1,039,500 Consideration Shares have been
issued to the Sellers, conditional upon such Consideration Shares being
admitted to trading on AIM ("Admission"). An application has been made for the
Consideration Shares to be admitted to trading on AIM. Admission is expected
to occur at 8.00 a.m. on 2 December 2024.

Total voting rights

Following Admission, the Company's issued ordinary share capital will consist
of 30,073,273 Ordinary Shares, all with voting rights. The total number of
current voting rights in the Company will therefore be 30,073,273. This figure
may be used by Shareholders as the denominator for the calculation by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the Company.

Capitalised terms not defined in this announcement (this "Announcement") have
the meanings given to them in the circular containing details of the Placing,
the Retail Offer and the Acquisition of CSi Palletising which was published by
Mpac on 2 October 2024.

The person responsible for arranging the release of this Announcement on
behalf of the Company is William Wilkins, Group Finance Director of the
Company.

 

For further information please contact:

 Mpac Group plc                                      Tel: +44 (0) 24 7642 1100

 Adam Holland, Chief Executive

 Will Wilkins, Group Finance Director
 Shore Capital (Nominated Adviser and Joint Broker)  Tel: +44 (0) 20 7408 4050

 Advisory

 Patrick Castle/Sophie Collins

 Broking

 Henry Willcocks

 Panmure Liberum (Joint Broker)                      Tel: +44 (0) 20 3100 2000

 Edward Mansfield

 Will King

 Freddy Wooding

 Hudson Sandler                                      Tel: +44 (0) 20 7796 4133

 Nick Lyon

 Nick Moore

 Francesca Rosser

 

 

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