REG - RBG Holdings PLC - Intention to Appoint Administrators

RBG HoldingsAnnouncement

31/01/2025 12:45

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RNS Number : 4988V  RBG Holdings PLC  31 January 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC
LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS
DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF
MAR.

 

31 January 2025

 

 

RBG Holdings plc

("RBG", the "Group", or the "Company")

 

 Intention to Appoint Administrators

Further to the announcement on 28 January 2025, the Board of RBG Holdings plc
regrettably has resolved to and subsequently has filed today a notice of
intention to appoint administrators to the Company.

Notices of intention to appoint administrators to RBG Legal Services Limited
and RBL Law Limited (two of the Company's subsidiaries) have also been filed.

As a result of the Company's intention to appoint administrators, Singer
Capital Markets Advisory LLP has informed the Company of their resignation as
nominated adviser to RBG, effective immediately on the release of this
announcement. Pursuant to AIM Rule 1, if a replacement nominated adviser is
not appointed within one month of today's date, the admission of the Ordinary
Shares to trading on AIM will be cancelled. The Company has no current
intention of appointing a replacement nominated adviser.

Further announcements will be made in due course.

 RBG Holdings PLC                                                 Via Camarco

 Jon Divers, Chief Executive Officer

 Kevin McNair, Chief Financial Officer

 Singer Capital Markets (Nomad and Broker)                       Tel: +44 (0)20 7496 3000

 Rick Thompson / Alex Bond / James Fischer (Corporate Finance)

 Camarco (for media/analyst enquiries)                           Tel: +44 (0)20 3757 4980

 Ed Gascoigne-Pees / Jennifer Renwick                            RBGHoldings@apcoworldwide.com (mailto:RBGHoldings@apcoworldwide.com)

 

The person responsible for arranging release of this announcement on behalf of
the Company is Kevin McNair, Chief Financial Officer.

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