REG - Pebble Group (The) - Result of Tender Offer

PebbleAnnouncement

08/08/2025 07:00

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RNS Number : 5033U  Pebble Group PLC (The)  08 August 2025

8 August 2025

 

THE PEBBLE GROUP PLC

("The Pebble Group", the "Group" or the "Company")

Result of Tender Offer

 

Following the close of the Tender Offer at 1.00 p.m. (UK time) on 7 August
2025, The Pebble Group, a leading provider of technology, products and related
services to the global promotional products industry, is pleased to announce
the result of the Tender Offer, details of which were set out in the circular
published by the Company on 21 July 2025 (the "Circular").

The maximum aggregate number of Ordinary Shares that could be purchased
pursuant to the Tender Offer was 10,655,737 Ordinary Shares, representing
approximately 6.69 per cent. of the Company's issued share capital as at the
Tender Offer Record Time. The Tender Price was 61 pence per Ordinary Share.

In total, 9,208,353 Ordinary Shares were validly tendered under the Tender
Offer through Individual Basic Entitlements for Qualifying Shareholders with
the balance available filled through excess applications received. As such,
the total number of Ordinary Shares being acquired by the Company is the
maximum of 10,655,737 Ordinary Shares. All valid tenders were satisfied in
full pursuant to their Individual Basic Entitlement (rounded down to the
nearest whole number of Ordinary Shares) and excess applications were
satisfied based on a percentage proportion of the total excess tenders
received, with 1,447,384 Ordinary Shares accepted pursuant to excess tenders.

Total Voting Rights

As detailed in the Circular, the 10,655,737 Ordinary Shares that were
successfully tendered will be cancelled. Following the conclusion of the
Tender Offer, the remaining number of Ordinary Shares in issue will
be 148,714,709. The Company holds no Ordinary Shares in treasury. Therefore,
the total voting rights in the Group will be 148,714,709. This figure for the
total number of voting rights may be used by Shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.

Unless otherwise defined in this announcement, capitalised terms used in this
announcement will have the same meaning given to them in the Circular.

Enquiries:

 

The Pebble Group

Christopher Lee, Chief Executive Officer

Claire Thomson, Chief Financial Officer

+44 (0) 7385 024855

 

Temple Bar Advisory (Financial PR)

Alex Child-Villiers

Alistair de Kare-Silver

+44 (0) 207 183 1190

pebble@templebaradvisory.com (mailto:pebble@templebaradvisory.com)

 

Panmure Liberum (Nominated Adviser and Broker)

Edward Mansfield

William King

Gaya Bhatt

+44 (0) 20 3100 2000

 

About The Pebble Group

The Pebble Group is a provider of technology, products and related services to
the global promotional products industry, comprising two differentiated
businesses, Facilisgroup and Brand Addition, focused on specific areas of the
promotional products market. For further information, please
visit www.thepebblegroup.com (http://www.thepebblegroup.com/) .

Forward Looking Statements

This announcement contains forward-looking statements. Forward-looking
statements are neither historical facts nor assurances of future performance.
They are based only on Pebble's current beliefs, expectations and assumptions
regarding the future of its business, future plans and strategies,
projections, anticipated events and trends, the economy and other future
conditions. Because forward-looking statements relate to the future, such
statements are subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict and many of which are outside of
Pebble's control. You should not rely on any of these forward-looking
statements.

Important Notice

The offer period for the Tender Offer has now expired. No further tenders of
any Ordinary Shares may be made pursuant to the Tender Offer. This
announcement is not intended to, and does not constitute, or form part of, any
offer to sell or an invitation to purchase or subscribe for any securities or
a solicitation of any vote or approval in any jurisdiction. This announcement
must be read in conjunction with the Circular.

This announcement and the Circular contain important information which should
be read carefully. If any Shareholder is in any doubt as to the contents of
this announcement and/or the Circular or the action it should take, it is
recommended to seek its own financial and legal advice, including in respect
of any tax consequences, immediately from its broker, bank manager, solicitor,
accountant or other independent financial, tax or legal adviser.

 

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